Illinois Embraces Pension Consolidation, But Needs to Do Much More

In Politics by Michael Rae

Illiniois Gov. J.B. Pritzker is expected to sign SB 1300, a bill that, among other things, consolidates asset management of 649 local public safety pension systems into two statewide investment pools.
As Reason Foundation’s Pension Integrity Project has discussed previously, this consolidation is a good idea, but much more dramatic