"Chicago’s unfunded liability from four pension funds is $20 billion and growing, hitting every city resident with an obligation of about $7,400. Detroit’s, whose population of about 689,000 is roughly a quarter of Chicago’s, had a retirement funding gap of $3.5 billion, meaning each resident was liable for $5,100."

http://www.bloomberg.com/news/articl...ser-to-detroit

interesting article... i don't think chicago will EVER be in as bad of shape as Detroit was only a few short years ago, but they definitely need to take care of this quickly.

maybe some businesses will be scared and flee to the open arms of Detroit