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Pension Board Trustee Training

Pension Board Trustee Training

by Radja Collins Law | Apr 7, 2025 | Firefighters, Law, Pension, Police and Fire Pension, Police Officers

All elected and appointed trustees under Article 3 and 4 of this Code must participate in a mandatory trustee certification training seminar that consists of at least 16 hours of initial trustee certification at a training facility that is accredited and affiliated...
Pension Legislation Update April 2025

Pension Legislation Update April 2025

by Radja Collins Law | Apr 7, 2025 | Pension, Police and Fire Pension

HB 1045 Synopsis As Introduced Amends the General Provisions, Downstate Police, Downstate Firefighter, Chicago Police, Chicago Firefighter, Illinois Municipal Retirement Fund (IMRF), State Employees, and State Universities Articles of the Illinois Pension Code. With...
Tier 2 Benefits for Police & Firefighters in Illinois

Tier 2 Benefits for Police & Firefighters in Illinois

by Tom Radja | Sep 29, 2024 | Employment benefits, Pension, Police and Fire Pension

Tier 2 Benefits apply to a police officer or firefighter who first becomes a participant in an Article 3 or Article 4 pension fund on or after January 1, 2011. This article will highlight Tier  2 benefits.   Tier II Benefits:   Service Retirement Benefits:   55 years...
Use of Money Market Mutual Funds For Article 3 & 4 Local Funds

Use of Money Market Mutual Funds For Article 3 & 4 Local Funds

by Tom Radja | Jun 12, 2024 | Employment benefits, Pension

The Illinois Department of Insurance (“IDOI”) issued The Siren on February 8, 2024 addressing the amount of money Article 3 and 4 pension funds may keep in a retained local account to cover benefit payments and expenses. According to the IDOI, Article 3 and 4 funds...
Pension Legislation Update April 2025

Pending Pension Legislation Update January 2024

by Tom Radja | Jan 12, 2024 | Pension, Police and Fire Pension

HB 1052 Synopsis As Introduced Amends the Downstate Firefighter Article of the Illinois Pension Code. In a provision that reduces the amount of the pension for a Tier 2 firefighter who retires with at least 10 years of creditable service before attaining age 55,...

Richard J. Reimer & Associates, LLC found Liable For Breach of Contract to Thomas S. Radja Jr.

by Tom Radja | Aug 24, 2012 | Pension

On Autust 10, 2012, a Cook County Jury Returned a verdict against Mr. Radja’s former Employer, Richard J. Reimer & Associates, to the tune of $132,274.60. The Jury found that Richard J. Reimer & Associates breached Mr. Radja’s employment agreement...
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