A top advisor to Brandon Johnson said his administration is still waiting on the advice of incoming CFO Jill Jaworski and budget director Annette Guzman.
The legislation impacts Chicago fire pensions, but it's stirring debate over costly fixes needed statewide to avoid running afoul of Social Security rules.
The choice of PFM's Jill Jaworski for the CFO position drew praise from the outgoing CFO and market participants who are watching closely to see whether the city stays on track with fiscal progress that has drawn more than a dozen rating upgrades across credits.
The bill increasing pension benefits for Chicago firefighters hired after Jan. 1, 2011, is co-sponsored by state Sen. Cristina Pacione-Zayas, whom Mayor-elect Brandon Johnson has picked to serve as his deputy chief of staff
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