Illinois Politicians, Administrators Talk State Pension Issues (Live Blog)

Illinois state officials, non-profit administrators and union representatives will offer perspectives during the Illinois Pension Forum starting 4:30 p.m. Monday at Century Junior High in Orland Park. Join us for our live blog and weigh in.

Editor's Note: The live blog had to be cancelled due to a lack of any usable Internet connection at the location. I took copious notes, however, and I'll still be posting a recap. I'll add the link here once it is done. Thanks and sorry. A forum on Illinois pension issues will be held 4:30 p.m. Monday at Century Junior High, 10801 W. 159th St. in Orland Park. The following people are scheduled to speak: Join us for our live blog and offer your own thoughts on the points discussed. Orland Park Patch’s live blog through Cover It Live will provide minute-by-minute updates from the meeting on this page starting at 4:30 p.m. Look in the Cover It Live window above, and you’ll see an area where you can join in and offer your comments and …

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Ben Feldheim

7:15 pm on Monday, May 13, 2013

I did however take a lot of notes throughout and I'll still be putting a recap together. I'll post the link here when it's done. Sorry again for all who were looking for it.   more ›

Patch on Politics

Retiring Illinois Lawmakers Make Bank on the Way Out

The representatives and senators leaving office in January 2013 will see millions of dollars in pension payments, figures far more sizable than they would've seen in the private sector.

Are you worried about your own retirement? With the downturn in the economy, did your 401k and savings take a big hit? If so, you're like millions of other Americans forced to confront a dramatically different outlook for their post-work years. But one group of pensioners is largely insulated from such concerns — outgoing Illinois lawmakers. The retirement benefits Illinois legislators receive are far more generous than those most of their constituents could collect working full-time jobs, reports Scott Reeder of the Reeder Report, using data from an Illinois Policy Institute analysis in a piece published on Watchdog.org. The anticipated pension benefits of the 34 lawmakers who will depart the state legislature in January show these …

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