North Cook County’s 61 police and fire pension funds paid out a total of $195,281,518 in benefits to 3,465 retirees and inactive recipients in 2016 while losing $5,495,345 on their investments, according to a North Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.
Chicago residents face an average 10 percent property tax increase this year as city officials grapple with finding ways to pay the pension plans of teachers, police officers and firefighters, according to the Cook County clerk.
North Cook area Democrats in the House Marty Moylan (D-Des Plaines), Michelle Mussman (D-Schaumburg), Carol Sente (D-Vernon Hills), Scott Drury (D-Highwood) and Fred Crespo (D-Hoffman Estates) recently received letters from the Illinois Republican Party, drawing their attention to the permanent property tax freeze they voted for in January and calling for action on property tax relief now.
Chicago Executive Airport Board of Directors, City of Prospect Heights City Council, and Village of Wheeling Board of Trustees will meet at 7 p.m. Wednesday, June 28.
On May 5, 2017, Jolane M. Peplow (trust) and Jolane M. Peplow (trustee) purchased a home at 9610 Reding Circle, Glenview from Rayna M. and Mitchell R. Joseph for $810,000.