Illinois Police Officers’ Pension Investment Fund Begins Transfer Process
by John E. Motylinski When the General Assembly passed Public Act 101-610 in 2019, it commanded all downstate fire and police pension funds to consolidate their investment assets no later than July 1, 2022. So far, the Illinois Firefighters’ Pension Investment Fund (“FPIF”) has completed five tranches of asset transfer. In late December 2021, the Illinois Police Officers’ Pension Investment …
