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Harvey, the first domino in Illinois: Data shows 400 other pension funds could trigger garnishment

APRIL 17, 2018 | by Ted Dabrowski, John Klingner | WIREPOINTS

By Ted Dabrowski and John Klingner, includes “… Under state law, pensions that don’t receive required funding may demand the Illinois Comptroller intercept their municipality’s tax revenues. More than 400 police and fire pension funds, or 63 percent of Illinois’ 651 total downstate public safety funds, received less funding than what was required from their cities in 2016 – the most recent year for which statewide data is available.”

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