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NORTH RIVERSIDE NOT ALONE IN PENSION CRISIS

There are 217 police and fire pension funds in suburban Cook County. The taxpayer-supported systems, with collective assets of nearly $5 billion, are intended to provide public safety workers and their families with stable retirement incomes.

 

But a Better Government Association Rescuing Illinois analysis found dozens of local police and fire pension funds are in financial peril, putting retirement incomes at risk, as well as the fiscal health of numerous municipalities.

MAYOR RESPONDS TO RESIDENTS CONCERNS OVER PLAN TO PRIVATIZE FIRE DEPARTMENT

I appreciate your concern at this challenging time for North Riverside. Let me assure you that every decision we have made thus far has been the result of strategically thought out assessment and deliberation. We have considered every angle.   I am prepared to answer any and all questions you and other citizens may have in order to help you feel more comfortable with the necessary transition.

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