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Friday, May 25, 2012

Pols rake in pension payments while planning teacher benefit cuts. « Fred Klonsky

Pols rake in pension payments while planning teacher benefit cuts. « Fred Klonsky:


Pols rake in pension payments while planning teacher benefit cuts.

As the Illinois General Assembly prepares to vote on Democratic Party Chairman and House Speaker Michael Madigan’s bill to cut teacher pension payments, the Chicago Tribune features the data that shows how these same pols rake in hundreds of thousands of dollars in their own pension payments.
While a retired teacher downstate is getting $20,000 a year.



More than a third of all retirees in the legislative pension fund make more money now than they did when they served in government. Ten percent of them receive more than $100,000 in pension payouts every