Illinois Effort to Fix Ailing Local Pensions Faces Legal Hurdle.

Three dozen current employees and retirees, along with 18 local retirement plans, filed a lawsuit in February in Illinois circuit court saying the consolidation violates the state constitution. (Bloomberg) -- A court ruling as soon as this month will help determine the fate of one of Illinois Governor J.B. Pritzker's key plans to ease the massive shortfall in local pension funds across the state. [Extracted from the article]