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 | 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 | Mar 14, 2019 | legislation, politics, public pension consolidation
On March 7, 2019, Orphe Divounguy of Illinois Policy — an independent organization generating public policy solutions aimed at promoting personal freedom and prosperity in Illinois — wrote an article entitled, “PROGRESSIVE INCOME TAX PROPOSAL FALLS...
by admin | Feb 13, 2019 | firefighter pension, pension fund, police pension, politics, public pension consolidation
The following was issued via press release and provided to IPPAC by Dave Haywood: Brodsky, Devaney and Radogno to Lead Taskforce on Feasibility of Consolidating Pension Systems Statewide Guzman and Star to Lead Taskforce on Asset Transfers to Evaluate Assets That Can...