(Chicago) Illinois House Republican Leader Tom Cross, chairman of the newly formed Pension Investments Committee, will host the first committee meeting on the 6th floor of the Michael A. Bilandic Building, at 2 p.m. for a subject matter hearing on pension investment strategies. Leader Cross will be available prior to the hearing for interviews at 1:45 p.m. outside of the hearing room.
“It has been brought to our attention that some of our pension funds have been taking a very risky approach with their investments. This is especially troubling because our funds are already among the worst funded in the nation,” said Cross. “We plan to take a comprehensive look at the strategies in these funds and consult with experts on these matters.”
Date/Time: Tuesday, March 13 at 2 p.m.
LEADER CROSS AVAIL PRIOR TO HEARING AT 1:45 p.m.
OUTSIDE HEARING ROOM
Location: C-600, 6th Floor of the Bilandic Building
160 North LaSalle Street