Nice Pensions
- Of the 38 former elected Chicago officials currently receiving pensions, 15 former aldermen see yearly payouts exceeding $100,000, according to documents from the Municipal Employees’ Annuity and Benefit Fund of Chicago, or MEABF. Two additional aldermen receive annual pension payouts just a few thousand dollars shy of $100,000.
On average, the 15 former aldermen collecting six-figure annual pensions have accumulated $768,500 in total gross pension benefits. Four of those ex-aldermen have accumulated more than $1 million in gross benefits.
Here's the attached chart (click for larger version):
Truly a wonder.
Labels: city politics
posted by SCC at 12:04 AM
84 Comments:
Frank Olivo: Madigan stooge; police hater; and collects a State pension. Nice.
Remember when you call certain people lazy and savages. These are the real thieves. A million dollars and still counting and many of the assholes there will never even have contributed 200k toward the pension. For a part time gig. Incredible. Insolvency is coming.
It is the Chicago way. Elect a democrat politician to office and you end up paying him/her for life/
That list reads like a who’s who of lying, thieving, douchebag dems. A trip down memory lane...Schulter, LeVar, The Hat, Big Hog Nuts, Shiller, Hansen, Naturus, Shortshanks...I think I’m gonna go puke now.
You think that's outrageous. Check the retired political hack CPD exempts drawing six figure annual pensions. The "Gold Braid" bill is legalized bribery for clouted suck asses.
They can either cut the number of Aldermen or they can wait for everyone to leaves. When everyone leaves they will have to do something because the money will stop.
And the joyful haters gleefully shit-talk
Policemen about "You Coppers getting life time
platinum medical insurance on top of your plush
$100K pensions and the sweet early retirement in
your mid 50's on OUR DIME while WE have to work
until we're in our 70's..."
Cue:
Rahm The Weasel bragging about snatching away
retiree and widow medical insurance.
Cue:
Rahm The Weasel giving every spare taxpayer
dime he can find to either his friends or
to the Free Shit Army that has sappers and
ambush teams roaming the length and breadth
of this city free and unencumbered because
The Police have been deliberately tied into
knots in order to secure Rahm's 3rd term in
office.
Yeah... Good job by the aldergumps...
"We don't understand why you Cops are always
so royally pissed-off about everything.
Stop thinking so much of yourselves..."
I am buying ?? or more.... Every city vehicle and city door I see might get one. Rahm will love this ! That banger kid that got booted doing the city sticker ! Were are you. You can design a few other' like this one and bootleg them for a buck a piece. Bigger the better.
Funny... how the “ champions” of the poor Become rich? 🤔
Do they get full health insurance benefits after their stint ?
Just axin
Please do not begrudge these public servants, these learned men, these elder statesmen for collecting a small stipend after a lifetime of tireless duty to the residents of Chicago. Yes, they were complicit in the systematic and gross under-funding of our pensions for the past 30 years. Yes, they have spent public money like drunken sailors on pet projects and buy-offs in certain "communities" to placate those groups at election time. However, they did make sure to fully fund their own pension system each and every year, without a single exception. So why shouldn't they reap the rewards? Now shut up and get some more ISRs.
See, its not that they arent paying into pensions, they are just paying big bucks to political hacks instead of paying you what you actually earned, earn and will earn!
See, all those years we told you that your unions backing democrats was a foul decision...we were correct. They have been screwing us for a long time. You all are just joining the club, being thrown under the bus along with the rest of us.
Notice how LAWYERS always arrange it so they get paid FIRST? And theur clientel get scraps and crumbs, if anything at all? Well, the politicians are largely made up of lawyers...imagine that.
The only way to stop this idiocy is to refuse to back ANY Democrat!
Fucking crooks don't deserve a penny!
They make more for a part time job, then Police do working full time, putting our lives on the line!
ROBBERY!
I hear their pension is funded at 25%. Or is that the police?
Bet they are working on another 2 or 3 pensions as we speak
And yet not 1 of these idiots have ever been investigated by the feds...scratch my head on this one. Amazing how they could make this kind of pension for a job thats part-time and to do NOTHING! What bullshit.
Great part time job. Wtf
Nice, Do nothing for 20 years or less but vote the way your told and collect for life. But it's the cops that are the problem.
What’s your point? I hope to get over a million from our pension fund.
Some went to jail due to the fact they committed a federal crime when in office why are they getting a pension!
don't forget, the aldermen get something that retired police officers do not get, that is a 3% compounded annual cost of living raise each year. Within a few years of retirement their pensions are greater then their salary when working.
Ald Munoz retiring at 53 with 20 years of service,can anyone from FOP find what his medical benefit package will be.Shouldnt be any better then a police officer who has same age and time serving the City.
All for a part time job. Does the city really need all these Aldermen?
Business as usual.
I assure you that their pension fund is considerably better funded than the police and fire pensions.
Fuck you Rahm, Fuck you Alderthieves.
This 2012 Tribune article describes how a part-time aldermanic position evolved into a cash cow for local politicians. The initial push for an increase in aldermanic pensions started during Mayor Washington's administration. Washington dismissed it "as an arrogant ploy that lacked even a cursory cost analysis".
Along comes Mayor Shortshanks and the rest is history.
http://www.chicagotribune.com/news/watchdog/ct-met-pensions-aldermen-20120501-story.html
At some point we are going to have to push to reduce the number of alderman before we all go broke
Outfit guy is number one
Those alderman in red...what in the hell did they ever do for their "communities" to deserve pensions like that?
But the retiree s health care insurance was the problem.
81k represents only part of what that jet setting security detailed cocksucker gets.
does he also get the best legal defense for free available or was this one of his appointed judges?
his 'medical condition' is a absolute farce yet this fucker travels the world promoting another farce. sister cities. has any investment occurred?
waiting for the day this city/county/state can't borrow another fucking dime.
Now you know why they spend a fortune to get elected.....
Tom Allen is a good guy. He would have went after Daleys nephew. But Daley made sure Anita Alvarez got in for States Attorney
wEIRD HOW WHITE SHIRT MAKE MORE THAN aLDERMAN.
Oh well . it also looks like if an alderman is a chairman of a committee it counts as pensionable pay!
I wonder if that would be a nice perk in contract talks.
Check some of the multiple pensions people are getting.
https://www.bettergov.org/pension-database
I’m obviously chose the wrong profession
Investopedia. The maximum monthly Social Security benefit payment for a person retiring in 2018 at full retirement age is $2,788. However, the maximum allowable benefit amount is only payable to those who had the maximum taxable earnings for at least 35 working years.
12x$2788=$33456
That's after 35 years.
Fioretti gets a pension and keeps running for office in obviously failed elections to raise campaign cash and still can’t pay his bills. More to come. Stay tuned.
valerie Jarrett was appointed CTA Board Chairman by Richie Daley. She contributed $11,000 to the pension fund while in this part-time job. She’s collected over $300,000 dollars already on her $11,000 contribution..
Forget the Alderman, look at this thief:
>>>> Richard Daley: pension start; 6/17/11 || yearly; $81,355 || total to date; $526,761
If I recall correctly, Shortshanks is collecting MORE than one state funded pension. I swear I read an article years ago where Richie went back and worked like a week at some 'public service' job that qualified him for 'another' lifetime pension. The cocksucker is like Triple-dipping off the backs of Illinois Taxpayers.
Okay, my memory for the above isn't quite accurate. He didn't get another pension he greatly increased his pension amount for when he was an IL State Senator;
How Daley beefed up his pension payouts Chicago Tribune: May 2, 2012 || 'Former mayor took advantage of state's convoluted system' (I found it via a Google Search)
My point's the same. F--king politicians gaming the system to enrich themselves. And Richie Daly's a prime example.
I wonder if Frank Olivo still makes Streets and Sanitation guys shovel the snow on his walk in the winter? Does he retain that perk after retirement?
Democrats. All about themselves. Double and triple dippers too.
Makes for a nice career, “govmint pension reaper”.
Nice exposé but not interesting enough for the Rahm mainstream media outlets.
No crisis in that pension fund, is there?
Won’t mention their healthcare freebies.
Stoking our coal into their furnace first is more likely happening.
Like the Cook Co Board and the Judge pension systems.
While they cry about funding 1st Responder pensions, the gifted CPS 2% makes the Alderthieves look legitimate.
Part-timers shouldn’t be getting full-timer benefits.
Then, most are engaged in secondary enterprises that can be considered conflictive if not out right corrupt.
Require Alderthieves to work a full 8.5 hours towards a 29+1 destination.
Toss in a 200 hour vacation limit too.
And give them all a swipe card too.
As long as the 48 Alderthieves are allowed to dabble into land acquisitions and real estate zoning, there’s no need for the Elected to be getting any City taxapayer benefits.
Public service my ass.
Move them off the benefit packages and see how attractive the job becomes.
Pension Reformists in Springfield, like BigHead Prickzter (D) will not hesitate to cut and tax 1st Responder Pensions first and ignore those few Elected pension robbers.
alderman bill banks is a good guy
Did any of them lose their health insurance?
Do they still get medical benefits? I bet they do.
Now that is some sick stuff. Too bad it doesn’t show how many years they worked(if you can call it that)to get that rediculous pension. While first responders have to work nearly 30 years to max out and it will only be around half of what these aldermen get. I bet not one on the list did 30 years.
That is obscene
Anonymous said...
You think that's outrageous. Check the retired political hack CPD exempts drawing six figure annual pensions. The "Gold Braid" bill is legalized bribery for clouted suck asses.
7/27/2018 12:20:00 AM
Totally agree! This is some sick shit too! Connected retired brass getting the end of career bump and now getting $110-150 a year pensions. No one should ever get more than the last testable rank which is Lieutenant. What a scam.
Frank Olivo is not a police hater . These pensions are ridiculous .
Does anyone know if any of these turds can qualify for a Social Security pension for any other work they may have done? Or are they screwed like we are? I hope they are screwed. It would be interesting to know if they get some sort of health insurance also.
All pieces of shit, hopefully they get theirs!
How did Billy Beavers earn that much since 2017??
WTF!
Congressman Danny Davis, Toni Preckwinkle, Larry Bloom and Sandi Jackson are all former alderpeople. Are they receiving pension payments?
Nobody, No Democrat is going to touch the protected pensions of the elected and all the free flowing deadbeat handouts.
But they’re certain to change the rules for everyone else.
Also in the News -
“Populist Italian Interior Minister Matteo Salvini has ordered that benefits for asylum seekers be substantially reduced, saying the money saved will be given to police working overtime shifts instead.“
Globalist Rahm Emanuel, mayor of Murder Capital Sanctuary City does the opposite.
Dump Rahm 2019 or go broke by 2023.
All the bitching and the moaning
And the fretting and the groaning
The complaining
Oh so straining
Such invective
Ineffective
The solution
To pollution
Is too clearly
And too nearly
Close to home
Life span of retired humans are Flexible. Adjustable. Unpredictable. Unreliable. Not at all Unadjustable.
Appropriate VooDoo rituals apply.
(No, not the Zombie VooDoo rituals, they've already been applied, successfully, and this article shows the results.)
Who would not want lot of free taxpayer money? A heck of a lot of Illinois elected officials have rigged the system and pensions for other “helpful constituencies”. Pension spiking and such abuses have been bleeding Government entities for years, and the sheep pay scant attention, or have the power to stop it.
Daley only gets 1/3 of his pension from the city 2/3 of his pension comes from the state. When he left he was collecting $184,000
http://articles.chicagotribune.com/2012-05-02/news/ct-met-pensions-daley-20120502_1_public-pension-pension-plan-pension-fund
some of these alderpersons getting the large salary and then pensions would have a hard time qualifying for a job as a clerk at Macy's. Come to think of it, that would also apply to some of the police command staff.
How the Tribune writes/"reports" concerning the federal consent decree.
As the McDonald video sparked a political crisis 2 1/2 years ago, Emanuel at first rejected calls for an investigation by the U.S. Department of Justice but reversed himself as the concept gained support from other political officials. The resulting federal investigation led to a report released in January 2017 that described a comprehensively broken Police Department in which badly trained cops have practiced brutality and misconduct with little to fear from their supervisors or a largely ineffectual disciplinary system .
At some point we are going to have to push to reduce the number of alderman before we all go broke
7/27/2018 08:07:00 AM
And after that, at some point we are going to start stringing them up from lamp posts.
You don't understand. These people are the best and the brightest. The taxpayers OWE them this.
Anonymous Anonymous said...
Do they still get medical benefits? I bet they do.
7/27/2018 10:53:00 AM
They get Cadillac healthcare, much better than ours, for life.
Yet Rahm fucks our retirees on healthcare and then brags about it.
Go to the better gov pension database. Just put in CPD. It ranks from top down. I understand the Cline thing. But here is a question that doesn’t add up.... why is Candice Thomas (the late 1st dep John Thomas) receiving $142k a year? Isn’t a widows pension only $50%???
Look it up, it right there on the 1st page. So he was making 284k a yr? No way, somebody is scamming...
And they get to keep their election campaign contributions from lobbyists, shady businessmen, shakedowns, public contract steering and money funneled through legal law type lawyers with by the books lawful schemes and assorted legal services. Their money to keep after serving the public while in public office after successful annual ethics training. Who says crime does not pay?
The joke is on us. We granted them unchecked power to vote in unison using creative juices to create new taxes, justify raising existing taxes with heart tugging moral arguments, creating more regulation limiting freedoms for the sake of strengthening the powers of government bureaucracies, conquering and dividing pitting citizens against citizens, recklessly spend the public money taken from the middle class under color of punitive tax laws and to serve as ethically-challenged progressive trailblazers radically transforming the city. And then after their destruction, we give them bloated checks into perpetuity. Thanks democrats.
7/27 at 0119, Head all you want. The lawyers have a hand in every fucking game there is, so be unhappy about your lot in life, but understand you’re always going to be gotten over by lawyers.
Say or think what you want about Burke, but he hasn't collected a dime in pension money from his oart time Alderman gig.
I was watching that pig Arena today. Disgusting.
Add sellout Zalewski to the list.
Forget the pensions! Imagine what Daley got for selling the parking meters, valued at three billion by his own inspector general, for one Billion. And then taking a job with the sleazy law firm that swindled the city for the meters.
Doesn't Daley get 3 as he was a State Senator, Cook Co. State's Attorney and Chicago Mayor.
So much for karma. Not much chance they are suffering from injuries received while working either. Whoever it was that said " kill all the lawyers" wasn't far off the mark. Just need to add in the few that skipped law school and went straight to screwing the public.
nonymous said...
And yet not 1 of these idiots have ever been investigated by the feds...scratch my head on this one. Amazing how they could make this kind of pension for a job thats part-time and to do NOTHING! What bullshit.
7/27/2018 06:10:00 AM
Hog Balls got 6 months for tax evasion in 2013.
Hog balls beaver. I thought that idiot was in the penitentiary.
".. why is Candice Thomas (the late 1st dep John Thomas) receiving $142k a year? Isn’t a widows pension only $50%???..."
Wasn't John Thomas health related demise at home- made into a "line of duty death"---increasing her pension, decreasing her tax bill and basically having NO rational reason for it being classified as such-except to reward a complicity quiet wife....just remember its all legit and "they"are looking out for our pension
But let's keep giving to the PAC fund. They will do so much for us
nonymous said...
Go to the better gov pension database. Just put in CPD. It ranks from top down. I understand the Cline thing. But here is a question that doesn’t add up.... why is Candice Thomas (the late 1st dep John Thomas) receiving $142k a year? Isn’t a widows pension only $50%???
Look it up, it right there on the 1st page. So he was making 284k a yr? No way, somebody is scamming...
7/27/2018 06:39:00 PM
Because of T. Hilliard. J. Thomas passed away sitting in his recliner in his home. T.H. decided to use his powers and influence to have J. Thomas's death be officially declared as line of duty. His reasoning was that as 1st deputy he was technically on the clock 24/7 and the stress of this position caused his death. No disrespect to J.T., but he was a life time smoker, which may have contributed to his death, but we will never know. This was another secret back door move on behalf of one big boss for another big boss. Sorry to those who may disagree, but this is called corruption, and is unfair to countless honest hardworking stressed out officers who passed away.
Anonymous Anonymous said...
nonymous said...
And yet not 1 of these idiots have ever been investigated by the feds...scratch my head on this one. Amazing how they could make this kind of pension for a job thats part-time and to do NOTHING! What bullshit.
7/27/2018 06:10:00 AM
Hog Balls got 6 months for tax evasion in 2013.
7/28/2018 08:59:00 AM
Why is he still allowed to collect a pension?
I worked on the watch in 005 with Beavers back in the late sixties. I will try my best to give as accurate a quote as possible to what I heard him utter one day at roll call. Here it goes but please keep in mind it is the recollection of a 75 year old man. Beavers said" the only thing I wish I had was three hands so I can get more from those fools on 79th Street." Is, was, and will continue to be a POS.
7/27/2018 06:39:00 PM
Because of T. Hilliard. J. Thomas passed away sitting in his recliner in his home. T.H. decided to use his powers and influence to have J. Thomas's death be officially declared as line of duty. His reasoning was that as 1st deputy he was technically on the clock 24/7 and the stress of this position caused his death. No disrespect to J.T., but he was a life time smoker, which may have contributed to his death, but we will never know. This was another secret back door move on behalf of one big boss for another big boss. Sorry to those who may disagree, but this is called corruption, and is unfair to countless honest hardworking stressed out officers who passed away.
Who could disagree? There is stress in every position on the job. Every boss like chiefs, commanders, deputy chiefs and all are technically on the clock. Also SWAT, tact teams and who knows what else. You hit the nail on the head
Vallas , Wilson ,McCarthy
Will you reduce the number of alderman to 16 ?
"No man can get rich in politics unless he’s a crook!" – President Harry Truman the only Democrat I'd ever vote for.
Vallas , Wilson ,McCarthy
Will you reduce the number of alderman to 16 ?
This law was fixed so it has to come from the state level. And that will never happen, the rats will scurry and the elections will be too costly.
The list of pensions offend me because for the millions collected, the areas serviced look like shit still. Fuck this bullshit.
These pensions are disgusting. Ginger Ruigai pulling a $108k annual pension is disgusting. 47 the alderman all sided with Rahm to cut retiree benefits, but they tried to keep these pension numbers pretty damn quiet.
And Munoz is going to retire with a 6 figure pension and hopes to work with JB when he becomes governor.
Rahm and the (majority of) the city counsel should be renamed: ALI BABA AND THE 50 THIEVES.
Post a Comment
<< Home