Can Illinois Save $1M a Day by Consolidating Pension Funds?
Clip: 10/15/2019 | 7m 18sVideo has Closed Captions
A new report says consolidating pensions could save taxpayers millions, but not all agree.
Consolidating scores of local firefighter and police pension funds could save Illinois taxpayers between $820 million and $2.5 billion in the next five years, according to a report published by a state task force. James McNamee, president of the Illinois Public Pension Fund Association and a critic of pension consolidation, joins "Chicago Tonight."
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Can Illinois Save $1M a Day by Consolidating Pension Funds?
Clip: 10/15/2019 | 7m 18sVideo has Closed Captions
Consolidating scores of local firefighter and police pension funds could save Illinois taxpayers between $820 million and $2.5 billion in the next five years, according to a report published by a state task force. James McNamee, president of the Illinois Public Pension Fund Association and a critic of pension consolidation, joins "Chicago Tonight."
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Chicago Tonight is a local public television program presented by WTTW
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