Bill To Consolidate Illinois Fire, Police Pensions Awaits Action In Springfield

Bill To Consolidate Illinois Fire, Police Pensions Awaits Action In Springfield
In this June 5, 2019, file photo, Gov. JB Pritzker smiles during a bill signing at the Thompson Center in downtown Chicago. In October, Gov. Pritzker proposed a consolidation plan for police and fire pension funds which — an idea lawmakers will consider in the fall veto session on Nov. 12. Amr Alfiky / Associated Press
Bill To Consolidate Illinois Fire, Police Pensions Awaits Action In Springfield
In this June 5, 2019, file photo, Gov. JB Pritzker smiles during a bill signing at the Thompson Center in downtown Chicago. In October, Gov. Pritzker proposed a consolidation plan for police and fire pension funds which — an idea lawmakers will consider in the fall veto session on Nov. 12. Amr Alfiky / Associated Press

Bill To Consolidate Illinois Fire, Police Pensions Awaits Action In Springfield

When legislators return to Springfield for the remainder of the fall veto session on Nov. 12, they are expected to take up Senate Bill 616, which would consolidate 649 downstate fire and police pension funds into two separate funds as a cost-saving measure.

Reset checks in with a member of the gubernatorial task force that studied the idea.

GUEST: Brad Cole, executive director of the Illinois Municipal League, member of Gov. JB Pritzker’s Pension Consolidation Feasibility Task Force