Lower Court Rules Pension Fund Consolidation Law Constitutional
by John E. Motylinski In 2019, the Illinois General Assembly passed Public Act 101-0610, which required downstate police and firefighter local pension funds’ assets to be consolidated into statewide funds for investment purposes. In early 2021, a group of active and retired members of eighteen police and firefighters’ pension funds filed a lawsuit complaint against Governor Pritzker, the two new …