Tom Morrison, State Representative, 54th District
Communities with over 5 Police and fire employees are required to have their own pension which also has their own costs. We have seen communities laying off workers to accommodate for these pension funds. Illinois can save money by consolidating these pensions and would result in better returns with greater flexibility.
Hosted by: Ellee Pai Hong
Produced by: Greater Chicago Newsmakers Team
Teaching Financial Literacy to ‘Underbanked’ Chicagoans