Since East St. Louis was freed of oversight from the Illinois Financial Authority in 2013, the city has fallen nearly $2.3 million short in mandated payments to the fund that supports firefighters and their families in retirement, according to an audit.

The East St. Louis Fire Pension Board on Monday voted unanimously to recover those contributions from the city through an “intercept procedure,” in which it would petition Illinois Comptroller Susana Mendoza’s office to seize state payments to the city and deposit them directly to the pension funds.
– PUB DATE: 9/18/2019 12:00:00 AM – SOURCE: Belleville News-Democrat
Source: SEAFC National Fire News

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