Harvey IL: Firefighters’ Pension on ‘collision course’ with Bankruptcy

 

A State of Illinois appellate court has declared that the City of Harvey’s firefighters’ pension plan is on the verge of insolvency.  The appellate court has ordered the City of Harvey to approve a property tax levy specifically for its firefighters’ pension plan.

In another ruling a Cook County judge took away control of the City’s water finances.

The Chicago Tribune

The Los Angeles Daily News

FireEngineering.com

The News-Gazette