Among the country’s largest cities, Chicago’s pension debt is unmatched — in a bad way. Check out the chart above to see just how much pension debt Chicago is shouldering compared to other large cities.
Here’s how Chicago’s unfunded liabilities broke down by system as of 2012, according to the city’s website:
– Municipal Employees’ Annuity & Benefit Fund of Chicago (MEABF): $8.2 billion
– Laborers’ & Retirement Board Employees’ Annuity & Benefit Fund (LABF): $0.9 billion
– Policemen’s Annuity & Benefit Fund (PABF): $7.0 billion
– Firemen’s Annuity & Benefit Fund (FABF): $3.1 billion
– Chicago Teachers Pension Fund (CTPF): $7.1 billion
– Park Employees Annuity and Benefit Fund (PEABF): $0.4 billion