Union official to get $500,000 in pensions

[krazen1211]

http://www.msnbc.msn.com/id/44872639/ns/us_news-life/#.TpW43ZviE8k

The Chicago Tribune and WGN-TV, which obtained information about union pension benefits during a joint investigation, said at least eight union officials in Chicago were eligible for what were described as inflated city pensions on top of union pensions for the same period of employment.

The news organizations said this was due to "a charitable interpretation" of Illinois law by officials representing two city pension funds.



Have fun with your Quinn tax increase.

This of course is why we need to ensure these pensions die over the next decade as they are scheduled to according to mathematics.

[krazen1211]

http://www.msnbc.msn.com/id/44626194/ns/us_news-life/t/report-ex-labor-chiefs--day-rehire-nets-city-pension/#.TpW6hpviE8k

A retired Chicago labor leader secured a $158,000 public pension — roughly five times greater than what a typical retired public-service worker in the Windy City receives — after being rehired for just one day of active duty on the city payroll, local news reports said.

Gannon, former president of the Chicago Federation of Labor, was able to take a long leave from a city job to work for a union and then receive a city pension based on a high union salary. That arrangement is allowed under a state law signed by Gov. Jim Thompson on his last day in office in 1991, according to an investigation by the Tribune and WGN-TV.

[krazen1211]

Not really a handful. Illinois state pension expense has quadrupled since 1992 from $2.5 billion to $10 billion in constant dollars.

http://www.usgovernmentspending.com/spending_chart_1992_2016ILk_12s1li111mcn_00t

[krazen1211]

Not really a handful. Illinois state pension expense has quadrupled since 1992 from $2.5 billion to $10 billion in constant dollars.

http://www.usgovernmentspending.com/spending_chart_1992_2016ILk_12s1li111mcn_00t

And this is all due to people getting half million dollar a year pensions.  Do you hear yourself?

You're great at diverting, aren't you.

[krazen1211]

Not really a handful. Illinois state pension expense has quadrupled since 1992 from $2.5 billion to $10 billion in constant dollars.

http://www.usgovernmentspending.com/spending_chart_1992_2016ILk_12s1li111mcn_00t

dude Illinois is a blue state. Get over it.

I am over it. I merely want to make sure that Mark Kirk's prediction holds true and that Illinois reaps the windfall of its misbehavior.

[krazen1211]

Absolutely ludicrous. Public union pension benefits are ruining this country. Good to see it's not only in California. But I don't know if I could have voted for Brady. Why do both parties have to nominate crazies? Ugh.

And does the Republican party in Illinois have it's own pet unions? Here in California the "peace" officers and correctional dipsh**t unions are in the pockets of the Republicans. The teachers are in the pockets of the Democrats. And the local Police and Firefighters are the worst obviously, owning all the cities regardless of affiliation (California doesn't have partisan races at the local level). Can these contracts be voided somehow? Ugh.

The legislation in question to allow this behavior actually seems to have been signed by a Republican governor in his last day of office, so yep.

The same is true for New Jersey; for 25 years they attempted to get into bed with the NJEA.