'Insane' even by Illinois standards? Union official to get $500,000 in pensionsA bit more:
A labor leader in Chicago is expected to receive pension payments of nearly $500,000 a year, while another could get about $438,000 a year, according to reports Wednesday.
The Chicago Tribune and WGN-TV, which obtained information about union pension benefits during a joint investigation, said at least eight union officials in Chicago were eligible for what were described as inflated city pensions on top of union pensions for the same period of employment.
Chicago and Illinois are facing financial trouble, in part due to pension shortfalls.Posted by DaveH at October 12, 2011 1:12 PM