Police. Firefighters. Public workers. Throughout Illinois, residents rely on public servants to safeguard their lives, safety and property. Unfortunately, the pension crisis currently afflicting Illinois threatens to cheat these public servants of their promised retirement benefits. At Schwartz & Kanyock, LLC in Chicago, our experienced lawyers provide knowledgeable counsel on public pension issues throughout the state. Over numerous decades and administrations, funding problems have continued to mount, often made worse by attempted short-term fixes. Public pensions are typically managed by individual government bodies, and only a small fraction of these are funded at 100 percent. Even if you serve in a wealthy community or believe your municipality is economically solvent, you could be at risk. Regardless of the specific circumstances, we help public employee pension funds assess their situation and pursue their members’ earned benefits.
For many years, politicians have put their short-term interests ahead of their legal and moral duties to public employees. If you’re counting on public pension to meet your financial needs, waiting to take action could cause irreversible harm. We use our knowledge of state law and municipal budget priorities to give you sound advice on issues such as:
Poor decisions at all levels of government created Illinois’ current pension crisis, not the hardworking men and women who protect our residents on a daily basis. If you serve as the trustee for a public pension fund representing police, firefighters and/or municipal employees, we’ll simplify the complex issues and press for a resolution that safeguards your fund’s future and the retirement security of its members.
Schwartz & Kanyock, LLC provides thorough representation to Illinois public pension funds looking to collect overdue payments. Please call 312-436-1442 or contact us online to schedule an initial consultation.