Free Market Policy Organizations Push Back against Stealth Unionization Campaign
Could Indiana’s Right to Work Law Mean Trouble For Neighboring States?
Wrong way, Illinois: Unemployment rate increased most in the nation in 2011
Wisconsin union holding federal funds hostage

Two dozen union leaders to receive combined $56 million pensions

by News on September 23, 2011

in Government Employee Unions, State and Local, Union Contracting Privileges

By Maria Shanahan/The Daily Caller

Nearly two-dozen labor leaders are slated to receive a combined $56 million in municipal pension funds during their lifetimes, according to the Chicago Tribune.

A 20-year-old law which changed Illinois’ pension code has left 23 retired union officials in a position to collect that large sum from two of the city of Chicago’s ailing pension funds.

These changes became law without any public debate among state legislators and without cost analysis.

Since the law bases pension payouts on labor leaders’ union salaries, instead of on the more modest salaries they received as city officials, their pensions average three times higher than what the typical city worker receives after retirement.

Read more:

Leave a Comment

Previous post: Parents Struggle for Power to Reform Schools

Next post: Out of Sync: Government and Private Employee Compensation in Illinois