By Andrew R. Schwartz | Published November 18, 2021 | Posted in Public Pensions | Tagged Tags: COVID-19, intercept claims, pension fund assets | Comments Off on As Illinois Public Pension Crisis Continues, More Intercept Cases Are Likely
Search Site
33 North Dearborn Street, Suite 2330 | Chicago, Illinois 60602
Call Today to Schedule a Consultation
312-436-1442
Tag Archive
pension fund assets
1 - 1 of 1
Page 1 of 1
As Illinois Public Pension Crisis Continues, More Intercept Cases Are Likely
Illinois’ municipal public safety pensions remain drastically underfunded, according to recent studies. The disparity shows no sign of abating, as municipal tax revenues that finance the pensions have fallen during the COVID-19 pandemic. Threatened with insolvency, pension trustees throughout the state may need to use the state’s powerful “pension intercept” law to obtain the needed Read More
Read More
1 - 1 of 1
Page 1 of 1
Contact us
