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CHICAGO TRIBUNE SUPPORTS PRIVATIZATION OF FIRE DEPT

 

Putting out the fire

North Riverside has a novel answer for its pension crisis

Published by the Chicago Tribune on June 26, 2014

 

North Riverside is a small town with a big problem: It can't make its pension payments.

 

The west Cook County suburb of 6,700 people faces a $1.9 million budget deficit. One big reason for the gap is that it has to make a $1.8 million payment to its police and fire retirement funds. North Riverside doesn't have the money.

 

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