Illinois State Comptroller

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Harvey, pension funds reach deal on dividing up embargoed state money, end court fight over pension funding

By Jonathan Bilyk | Jul 27, 2018

In a deal that could set a precedent for other financially struggling municipalities to follow, the city of Harvey has reached a deal with its police and firefighter pension funds to end a court fight over how much of the money Harvey gets from the state of Illinois the city should be allowed to spend on current day-to-day operations, rather than police and fire department retirees’ pensions.

Researcher: Harvey's pension problems the first, but 'certainly won't be last,' to run afoul of state law

By Glenn Minnis | Jun 21, 2018

The city of Harvey remained locked in a court fight with state officials and its own public worker pension funds over its ability to use sales tax dollars to pay its bills. But it likely is just one of dozens of cities and other governments across Illinois poised to land on the wrong side of a state law mandating pension fund payments.

Agreement wins city of Harvey temporary respite in fight with pension funds, state over sales tax dollars

By Jonathan Bilyk | Jun 8, 2018

The city of Harvey has won a temporary reprieve, of sorts, after a Cook County judge signed off on an agreement, which, while still requiring the cash-strapped city to pay large chunks to pension funds for retired police and firefighters, still allows the city government to apparently access most of its share of Illinois state sales tax revenue.

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