Joe McMenamin

1 Result / Page 1 of 1

AD

Business & Lifestyle

Taxpayers cover costs of bad pension fund investment return predictions

SPRINGFIELD (Illinois News Network) -- As municipalities across the state determine how to spend taxpayers' money for the next year, they’re looking at what to expect for pension fund investment returns. Bad predictions can mean big costs to taxpayers and, when estimated returns on city pension fund investments are too generous, taxpayers have to pay up. The city of Springfield’s estimated returns were off enough to require an additional $600,000 the city didn’t budget for. That’s expected to impact other […]

todayDecember 19, 2017 99

AD

Heartland Media Group of Central Illinois & Eastern Missouri
107 W. State Street PO Box 149
Nokomis, IL 62075
Tel: (866) 420-7790

STAY CONNECTED

CHECK OUT OUR STATIONS

DEADLINES & PUBLICATION INFORMATION

Deadlines
News and sports submissions
: 11 p.m. Central
Advertising, legals, obituaries: 5 p.m. Central

Publication times
Late breaking news as it happens
Normal publication:
11 p.m. Central daily
Other news:
Published as it’s made available

AD
AD
Some rights reserved 2016-2027 Heartland Newsfeed and 2023-2027 Heartland Media Group of Central Illinois & Eastern Missouri
Some images copyright United Press International, Capitol News Illinois, Missourinet, Missouri Independent, Public News Service.
Other images courtesy of Adobe Stock, Pexels, Pixabay, and Unsplash.
AD
AD
AD