AUGUST 4, 2022
Illinois’ broken pension system has allowed loopholes and schemes that cheat other pensioners and drive up taxpayers’ burdens. Here are 10 examples.
Ten abuses of Illinois’ pensions systems go a long way to explaining how the state wound up in a $313-billion pension hole.
Roughly 1 in 10 Illinois adults is a member of an Illinois pension system. Their retirements are hurt by legal, but corrupt, rules and practices created by recently indicted former Illinois House Speaker Mike Madigan and other Illinois politicians.
Here are 10 examples of pension “rights” gone wrong.