Chicago Public Schools faces some tough decisions in the coming days as the June 30 deadline to make the $634 million teacher pension payment hangs over its head.

Chicago Public Schools continues to face severe budget problems. As a result, it’s laying off staff and cutting programs. And part of the reason for those reductions has to do with the district ...

Less aggressive investment return estimates have carved an additional $1 billion hole in the severely underfunded pension system for Chicago teachers, reviving questions about how a retirement plan… ...

The interim CEO of Chicago Public Schools said the district's budget deficit is $734 million, more than $200 million more ...

CHICAGO (WGN) — It’s a $175 million question: who should pick up the tab on a Chicago Public Schools pension contribution for ...

In all, Chicago owes $35.9 billion to its four employee pension funds representing police officers, firefighters, municipal ...

CPS could face $600M deficit by 2026 as costs shift to schools with no long-term funding plan Mayor Lori Lightfoot has moved millions in pension and other costs to the school district as it ...

The decision made by the 21-member, partially elected governing body could have long-term implications as Chicago Public Schools moves away from 30 years under mayoral control.. The budget ...

Aldermen are petitioning Chicago Public Schools CEO Pedro Martinez to make a $175M pension payment, or risk an unbalanced city budget this month.

More questions than answers came out of Thursday’s Chicago Board of Education hearing, the first of two to discuss how Chicago Public Schools plans to pay for several pending obligations.

CHICAGO — It’s a $175 million question: who should pick up the tab on a Chicago Public Schools pension contribution for non-teacher staff?Mayor Brandon Johnson’s administration is pushing ...