State high court skeptical municipal police and fire pension consolidation hurt retirees’ voting rights – Capitol News IL

The nearly three-dozen pensioners and 17 individual pension funds that sued over the law have already lost twice in lower court. But their attorney on Tuesday was insistent the retired police and firefighters were wronged when Gov. JB Pritzker signed the law – passed with overwhelming bipartisan majorities in the General Assembly – that consolidated the 649 funds into two.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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