Want to retire with a fat pension? Get a government job in Illinois.
Nearly 4,000 retired government workers have pensions that pay them at least $100,000 a year. They include politicians, judges, doctors and school administrators, as well as top cops, firefighters and park officials.
More than half have collected more than $1 million each since they retired. A few have topped $2 million. And five have gotten more than $3 million each, a Chicago Sun-Times investigation found.
And these numbers are soaring faster than taxpayers can afford.
Consider:
• 3,958 retirees have pensions paying $100,000 or more a year.
• 2,255 of those retirees have each collected more than $1 million in pension benefits. They include two doctors who have each gotten more than $3 million over the last 10 years.
• 14,280 retirees have pensions that pay them more than their final salaries. That's largely because all government pensions in Illinois automatically increase 3 percent every year.
• 11,521 retirees get checks from two or more government pension plans.
• 23 widows each get more than $100,000 a year, every year, in survivor benefits.
• 16 judges' widows have each gotten more than $1 million since their husbands died
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What's so "progressive" about looting your treasury?More....
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