CHICAGO–Jim Tobin, President of National Taxpayers United of Illinois (NTUI), today released the latest pension study of pension researcher Bill Zettler: the Top Fifty pensions received by former members of the Illinois General Assembly.
“Governor Quinn and the lame duck General Assembly are desperate to increase tax revenues any way they can to ensure that these outrageous, lavish pensions are available to themselves when they retire.Under the current pension program, General Assembly members are guaranteed to be millionaires if they can collect for only eight to ten years.Protecting this rite of passage has become their highest priority, despite the terrible financial situation in which most Illinoisans find themselves.Under the guise of securing the financial future of the Illinois general fund, Quinn and his conspirators are trying to push any tax increases that they can.”
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OAK PARK–A new report by pension researcher Bill Zettler reveals that Suburban Cook County’s retired government employees receive lavish, gold-plated pensions that far exceed actual wages of workers in the private sector.
“These government-employee pensions are bankrupting the state pension funds,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI). “That’s the real reason Gov. Patrick Quinn (D) wants to raise the state personal income tax up to 66%. He wants to pump taxpayer dollars into the state’s floundering pension programs.”
Val Vimnicki at our Oak Park press conference on December 20, 2010
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JO DAVIESS COUNTY- The sky-high pensions of Jo Daviess County’s retired government employees exceed the wages of those in the private sector.
Those receiving the largest annual pensions are retired government-school educators. At $108,569 a year, Dennis Dunton (Galena USD 120) tops the list, making $9,047 a month. Coming in second is David Wongstrom (River Ridge CUSD 210) with an annual pension of $105,298, which comes out to $8,775 a month.
Click the links below to view the full list.
Click here to view Jo Daviess top Teacher Retirement System pensions
Click here to view Jo Daviess top IMRF pensions