by admin | Feb 27, 2021 | firefighter pension, legislation, pension fund, police pension
On February 3, 2021, the Police Pension Funds of many local Illinois municipalities among other individuals filed a complain for declaratory, injunctive, and other relief against Illinois Governor J.B. Pritzker, Christopher Meister (Executive Director of the Illinois...
by admin | Feb 14, 2021 | firefighter pension, legislation, pension fund, pension fund trustees, police pension
The following important information pertains to HB 1757 in the Illinois State Legislature: Status Spectrum: Partisan Bill (Republican 1-0) Status: Introduced on February 11 2021 – 25% progression Action: 2021-02-11 – Filed with the Clerk by Rep. David...
by admin | Jan 9, 2021 | legislation, politics
Contact your representatives today! The following was sent by The Illinois Association of Chiefs of Police: We strongly urge all members of IPPAC and their families and friends to contact their legislators as soon as possible to express their opposition to HB163....
by admin | Jun 30, 2020 | firefighter pension, legislation, pension fund, police pension
The folks at Illinos Policy www.illinoispolicy.org have given us permission to share this from their latest newsletter on June 25, 2020: Illinois state Treasurer Michael Frerichs confirmed what many believe would be a new possibility in Illinois if voters pass the...
by admin | Jun 11, 2020 | firefighter pension, legislation, police pension, public pension consolidation
John Mitchel of MVT Investments (Mitchell, Vaught and Taylor, Inc.), issued the following statement as an update to the consolidation of Illinois public pension funds: Illinois Consolidated Pension Fund Updates We at MVT have been closely following the work of...
by admin | Apr 30, 2020 | legislation
The Illinois General Assembly 40 ILCS 5/1-113.17 reads as follows: Sec. 1-113.17. Investment sustainability. Every retirement system, pension fund, or investment board subject to this Code shall adopt a written investment policy and file a copy of that policy with the...