Lawmaker criticizes surplus spending bill – Center Square

Lawmaker criticizes surplus spending bill – Center Square

“Senate Bill 4175 would allow municipalities to establish OPEB trusts to fund retiree fringe benefits. These trusts allow municipalities to invest the funds more broadly than typical municipal accounts and can help improve credit ratings. I’ve worked to put guardrails in place to protect municipalities, ensuring financial responsibility is a priority,” Sen. Suzy Glowiak Hilton, D-Western Springs, told The Center Square.