Ill. Senate Democrats: Castro Pension Consolidation Law Upheld by Illinois Supreme Court
January 26, 2024
January 26, 2024
SPRINGFIELD, Illinois, Jan. 26 -- The Illinois Senate Democrats issued the following news on Jan. 24, 2024:
In a unanimous decision issued Friday, the Illinois Supreme Court upheld the constitutionality of local pension fund consolidation contained in a 2019 law sponsored by State Senator Cristina Castro.
"This is a victory for taxpayers and first responders across Illinois," said Castro (D-Elgin). "This consolidation is already producing positive returns . . .
In a unanimous decision issued Friday, the Illinois Supreme Court upheld the constitutionality of local pension fund consolidation contained in a 2019 law sponsored by State Senator Cristina Castro.
"This is a victory for taxpayers and first responders across Illinois," said Castro (D-Elgin). "This consolidation is already producing positive returns . . .