(The Center Square) – Wirepoints Executive Editor Mark Glennon is warning Chicago residents the city appears on the road to destruction as a mounting pension crisis has seen such debt soar by 13% over the last five years alone.

The 2024 Annual Comprehensive Financial Report for the city of Chicago now pegs the city’s unfunded liabilities at almost $36 billion, even after overall debt has dipped by $1.3 billion over the last year.