Patrick Nichting, Shawn Curry tapped for new state fire, police pension boards
Last year state lawmakers passed legislation that will consolidate the 650 first responder pension plans. In a news release that accompanied the announcement, Pritzker called on the new board members to move rapidly "to begin this consolidation so that taxpayers and retirees can reap improved returns." The expectation is that the consolidated plans will boost returns by between
The new board members, including Nichting and Curry, are slated to serve for the coming year, after which a permanent board of trustees will be selected. Each board consists of five members who are employees in their pension fund and four members representing municipal government employers.
Those selected must be ratified by a vote of the
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