Wednesday, October 12, 2011

'Insane' even by Illinois standards? Union official to get $500,000 in pensions

A labor leader in Chicago is expected to receive pension payments of nearly $500,000 a year, while another could get about $438,000 a year, according to reports Wednesday.

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.
Read the rest here.

2 comments:

  1. Further proof that public employee unions should not exist.

    ReplyDelete
  2. Mega dittos Anti-G.

    Nikolaus

    ReplyDelete

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