Includes "The Chicago Park District pension funding overhaul approved by lawmakers moves the fund off a path to insolvency to a full funding target in 35 years, with bonding authority. … Some committee members raised concerns over the bonding authority because the state soured on pension obligation bonds after then-Gov. Rod Blagojevich used $2.7 billion of the state’s $10 billion 2003 general obligation-backed POB to make current payments. ‘This is not bonding in lieu of a payment which is what has been done so negatively in the state of Illinois. It is bonding to supplement payments to help frontload the ramp,’ Martwick said. ‘This flattens out future payments and makes it more affordable for taxpayers.’ …”