US - The Illinois government has passed a bill that overhauls the management of the state's four pension boards and removes Jon Bauman the executive director at the Teachers' Retirement System of the State of Illinois (TRS).
The bill, which was sent to Governor Pat Quin yesterday to be signed into law, removes all the board members from the retirement systems that were appointed by former governor Rod Blagojevich. It a...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
