Holland v. City of Chicago

Plaintiffs, current or former members of the Chicago police and fire departments, who are or will be entitled to receive retirement benefits, brought an action against the City of Chicago (City), various city officials, the trustees of the Policemen’s and Firemen’s Annuity and Benefit Funds (hereafter Policemen’s and Firemen’s Pension Funds or the Funds), and the retirement boards of the Funds (hereafter pension boards or boards), seeking declaratory and injunctive relief and damages. The gravamen of plaintiffs’ complaint is that the City failed to report to the pension boards the full amount…