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Illinois legislators will get $55,000 – no wonder they are against pension reform.

Dennis Byrne 4 January 2011 No Comment
[This article was syndicated via RSS from Dennis Byrne's Barbershop. The views represented do not necessarily represent those of the Chicago Daily Observer.]

What do you contribute to your pension? Maybe put aside a few bucks here and there? Then you'll be happy to know that we, the taxpayers, contribute $55,000 a year for lawmakers' pensions. Gov. Pat Quinn does even better, receiving a $140,000 contribution. 

Sweet.

In effect, taxpayers are not only coughing up their salaries, but also another 82 percent of their salaries as pension contributions. 

This is detailed in yet another fine piece of research by Bill Zettler and published in Champion News.

Read the Full Story: http://www.chicagonow.com/blogs/dennis-byrne-barbershop/2011/01/illinois-legislators-will-get-55000---no-wonder-they-are-against-pension-reform.html

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