Illinois Municipal Retirement Fund
Public Pension Funds |
Municipal Government
39.7213101, Springfield, IL 62703-3562
Recent News About Illinois Municipal Retirement Fund
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The state high court said county board members only need to comply with the pension rules that were in place when they first were elected, and a state law stating otherwise violates the pensions clause.
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A federal judge has rejected the attempt by a union to win a court order requiring a pension fund for Illinois local governmental workers to take the political views of companies into consideration when investing public pension funds, as the judge said the Illinois Municipal Retirement Funds’ current practices don’t violate the First Amendment rights of union members.
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A contract dispute between a state agency that manages pension funds for many Illinois local governments and retirees and a software vendor was moved into federal district court when the vendor added a counterclaim alleging copyright infringement.
