Pension Liability Per Household Calculator
Chicago has roughly $35 billion in unfunded pension liabilities across its four main funds (Police, Fire, Municipal, Laborers). This tool visualizes the theoretical burden per household.
Burden Modeler
The Statutory Ramp
Illinois law requires the city's pension funds to reach 90% funding by 2055. This requires steadily increasing "ramp" payments every year from the city budget, essentially crowding out funding for other services unless revenue increases proportionally.