by admin | Nov 24, 2019 | firefighter pension, legislation, pension fund, police pension, politics, public pension consolidation
On November 14, 2019, Forbes contributor Elizabeth Bauer released a new article regarding the Illinois public pension consolidation. In her article “Counting Chickens Before They’re Hatched: Will Illinois Botch Pension Consolidation?”, Bauer writes that while normally...
by admin | Nov 14, 2019 | firefighter pension, legislation, pension fund, police pension, politics, public pension consolidation
John T. Mitchell of MVT Investments shared the following email message sent Nov. 13, 2019 regarding legislation about public pension consolidation: Up to 677 witness slips opposed and 18 in favor. Under the Committee rules only 445 will be registered as the other 200...
by admin | Nov 12, 2019 | firefighter pension, legislation, pension fund, police pension, public pension consolidation
On Tuesday, November 12, the Illinois Fraternal Order of Police (FOP) Labor Council issued a statement on their website. The statement can be read below: Consolidation Our Way! Your voices have been heard regarding the proposed consolidation of downstate municipal...
by admin | Oct 21, 2019 | firefighter pension, legislation, pension fund, police pension, politics, public pension consolidation
Last week, the governor of Illinois announced that a consolidation of police & fire pension funds will be introduced for legislators to approve during the upcoming short veto session. The problem is, there are no solid plans to implement consolidation. Moreover,...
by admin | Oct 2, 2019 | firefighter pension, legislation, pension fund, police pension, politics, public pension consolidation
IPPAC has learned Governor Pritzer’s Commission on Pension Reform has almost finished their work with their report due to be released in October. It is anticipated the proposed legislation, written by the Governor’s office, will accompany the report. The expected...
by admin | Jun 10, 2019 | financial planning, pension fund
David Klein of the Auctus Group has provided IPPAC with the latest issue of his Market Update publication. In this issue, he discusses retirement, treasury bond yields, key statistics, and reminds us that pullbacks/corrections are normal. He also includes economic and...
