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Chicago Pension Reform Lawsuits Put on Hold
Reuters
Feb. 23, 2015 "Lawsuits seeking to void a law aimed at shoring up the finances of two Chicago pension funds have been put on hold pending a ruling by the Illinois Supreme Court on a law affecting state public retirement funds ... City unions and retirees had been seeking a preliminary injunction to stop the law, which took effect Jan. 1, in Cook County Circuit Court. Meanwhile, the [Illinois] supreme court announced last week it will hear lawsuits against the Illinois pension reforms on March 11." MORE >> |
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