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Judge says taxpayers owe 2 Illinois senators who voted to reject raises


Judge says taxpayers owe 2 Illinois senators who voted to reject raises
Judge says taxpayers owe 2 Illinois senators who voted to reject raises
Judge rules in favor of two former state senators seeking the back pay they rejected and then crowed about rejecting. Ruling applies only to the pair.
Two former state lawmakers again have a judge saying they are entitled to the pay raises they very publicly declined while they were in the Illinois Senate.
Illinois Comptroller Susana Mendoza lost this round but vowed to appeal. She also tried some public shaming to stop former state Sens. Michael Noland, D-Elgin, and James Clayborne Jr., D-Belleville, from trying to collect the money they voted to reject. ....

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Bill would stop Illinois lawmakers from getting public pensions


Bill would stop Illinois lawmakers from getting public pensions
Bill would stop Illinois lawmakers from getting public pensions
State lawmakers have significantly abused and underfunded their own pension system. Ending it would be a plus, but only a constitutional amendment will stop pension debt from swallowing Illinois.
In the gaping pit of Illinois public pension debt, the worst of the five systems neglected by state lawmakers is the one they created for themselves – the General Assembly Retirement System. It has only 17% of the money the state projects it will need to pay out lawmaker pensions.
But a bill in the Illinois House proposes lawmakers do not try to fix the system, but rather start to put it out of taxpayers’ misery. ....

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Editorial Roundup: Illinois


The mayor suggested the media give more specific examples of how the system gets strained - the healthy 52-year-old state trooper who can retire with full benefits at such a young age or the township official with a cushy job collecting benefits after just 20 years or the lawmaker who becomes eligible for a pension after only eight years in office.
So today we bring you one of those examples to illustrate how the system is broken:
Former House Speaker Michael Madigan, after 50 years as a member of the Illinois House and a contributor into one of the state’s five pension funds, the General Assembly Retirement System, will receive an annual pension of around $85,117, about 85% of his final salary. ....

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