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The value of the fund rose from the $246.3 billion reported in the second quarter while returns improved to 6.18% in the third quarter from negative 1.59% in the prior period.
February 13 -
The consolidation upheld by the state Supreme Court promises efficiencies, but the hundreds of local funds involved still face structural challenges.
January 24 -
The Illinois Supreme Court upheld pension reform legislation championed by Gov. JB Pritzker that was challenged in court by first responder pension funds.
January 19 -
Chicago outgoing mayor offered a parting shot against pending state legislation that stands to add to city pension costs, but sponsors say the fix was promised and is needed to avoid violating federal rules.
April 21 -
Stabilizing pension debt as a share of GDP re-frames the discussion on pension fund problems.
April 12 -
Most of the blame is placed on overall poor marketplace performance, strict monetary policy, and the war in Ukraine.
January 11 -
Chicago is leading the pack in pension fund problems.
September 27 -
A three-judge panel reversed a district court's ruling in favor of the city's Firefighters' Relief and Retirement Fund that the law was unconstitutional.
August 31 -
Local police funds challenging the suburban and downstate police and firefighter pension fund consolidation appealed a court decision that upheld it.
June 3 -
An Illinois judge upheld the constitutionality of the state's consolidation of downstate public safety pension funds; an appeal is expected.
May 26