Forest Park: selling village-owned Altenheim land could make a small dent in pension funding – Forest Park Review

Forest Park: selling village-owned Altenheim land could make a small dent in pension funding – Forest Park Review

Selling the village land could provide a few million dollars that would make no more than a 2 percent dent in funding the village’s pensions, according to Village Administrator Rachell Entler. “It’s going to put us in a positive direction, but it’s not going to dig us out of a huge hole,” she said. Last May, the police pension fund was underfunded by over 60 percent, or $41 million.