By Andrew R. Schwartz | Published October 30, 2019 | Posted in Public Pensions | Tagged Tags: firemen, Harvey Firefighters’ Pension Fund, municipal law, pension-intercept, police | Comments Off on Pension Intercept Requested for East St. Louis Firefighters’ Fund
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Pension Intercept Requested for East St. Louis Firefighters’ Fund
For the third time since enactment of the Illinois pension intercept law, a municipal employee pension board seeks to have city monies redirected to replenish long-neglected funds.
Read MoreChicago Police and Fire Pension Trustees Seek to Intercept Funds
For years, local governments in Illinois have had trouble balancing their budgets. Several struggling local governments have either failed to make public pension fund contributions, or paid far less than what they owe.
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