Experts say Chicago has a public pension system set up to fail

Experts say Chicago has a public pension system set up to fail
www.wbez.org

Political deal-making and market flops have certainly contributed to Chicago’s $19.5 billion public pension crisis. But as Mayor Rahm Emanuel hunts for solutions, experts say one thing must change: Illinois’ archaic, “one-of-a-kind” pension math that may have set Chicago up f…