Your job, your pension, or your home. This is the choice left to several families in Harvey, Illinois. They can’t have all three and some don’t even have the choice of one.
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Appeals court: Comptroller can't embargo over $1M from cash-strapped Harvey at pension fund's request
A state appeals court has, for now, ordered Illinois’ state comptroller to release its hold on more than $1 million in Illinois tax disbursements the financially troubled city of Harvey says it needs to meet its payroll, including paychecks for its police and firefighters, but which the state says it is required to seize and steer to retired Harvey municipal workers.
City of Harvey taxpayers have paid out nearly $25 million in pension benefits to 42 retired firefighters who contributed a collective $1.14 million to the insolvent fund.