Bloomington tonight: Downtown and Pensions

By: Diane Benjamin https://www.bloomingtonil.gov/home/showpublisheddocument/32213 Some city employees are still spiking pensions. They rack up leave/sick days, cash out a lump sum at retirement, and use it to substantially boost their pensions. State law changed in 2012 to let IMRF (Illinois Municipal Retirement Fund) bill local governments for those spiked pensions—ones the governments never funded extra […]