Ill. Supreme Court strikes down Chicago police pensions plan

Ill. Supreme Court strikes down Chicago police pensions plan

Associated Press SPRINGFIELD, Ill. — The Illinois Supreme Court dealt another devastating blow Thursday to the state's impatient attempts to control ballooning public pension debt, striking down a law that would have cut into an $8 billion hole in two of Chicago's employee retirement accounts and leaving officials searching for new options to shore up an already wobbly program. The city …
Source: Police Updates
Ill. Supreme Court strikes down Chicago police pensions plan