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Public Service Pensions- The Top 50

TOP 50 GA PENSIONS REVEAL MILLION DOLLAR PAYOUTS AS TAX INCREASE LOOMS
January 4, 2011
Press Release

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.”

“If Quinn can’t get HB 174with the 67% income tax increase through the house, he will push to get a 33% income tax increase passed. At the same time, there are efforts to increase the gasoline tax by an unknown amount, the cigarette tax by $1 per pack, and a new 7-10% sales tax on 39 services. The primary objective is to pump 15 billion taxpayer dollars out of taxpayer pockets and into the pension and payroll funds of the robber barons that are bankrupting the great state of Illinois, not to secure the financial future as they would have us believe.”

Do you recognize any of these pension millionaires? Figures are as of 10/1/2010. A complete list can be viewed at www.ntui.org.
Mo. Pension Yearly Pension Total Pension Paid So Far
Arthur Berman- $16,459 Monthly $197,503 Yearly $1,449,640 Total
Judy Barr Topinka $12,144 Monthly $145,727 Yearly $402,229 Total
Jim Edgar $10,910 Monthly $130,925 Yearly $1,106,372 Total
James R. Thompson $10,601 Monthly $127,215 Yearly $1,547,836 Total
James “Pate” Philip $10,551 Monthly $126,615 Yearly $713,029 Total
Dawn Clark Netsch $10,143 Monthly $121,720 Yearly $1,476,711 Total
Walter Dudycz $7,661 Monthly $91,937 Yearly $449,128 Total

“Jim Edgar and James R. Thompson engineered the largest tax increases ever passed in Illinois. Arthur Berman was the author of the Berman Tax Increase Amendment. Dawn Clark Netsch never met a tax she didn’t like.”

“I urge members of the Illinois General Assembly to vote in the interest of the constituents they serve and not their own best interest.”

Click here to view the top 50 General Assembly Pensions

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Founded in 1976, NTUI is the largest taxpayer organization in Illinois with
30,000 members and supporters and affiliation with more than 250 local taxpayer groups.
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3 Responses to "Public Service Pensions- The Top 50"


  1. Comment by Anonymous on January 4, 2011 at 3:20 pm said:

    Suburban Chicago school teachers and administrators (Superintendent, Assistant Superintendent, Principal, Assistan Principal, Director) also receive juicy pensions. If they start after college, they can retire at 55 with full benefits. (Benefits are different for an employee who started 2011 or after). The rest of us working stiffs in social security retire at 67 with full benefits. The terms vary by the Collective Bargaining Agreement that is negotiated at each school district between the teachers and the Board of Directors/Administration. But typically upon giving their notice to retire in 4 years, teachers and administrators are making 6% salary increase a year, for their final 4 years. That is 24% increase over 4 years. What job on earth, upon giving your notice to retire, do you receive a 6% annual, 24% over 4 year increase. That is outrageous. Vote your school board out for approving those lousy terms.

    Then, in retirement, their pension increases 3% per year. Will your Social Security increase 3% per year?

    And, The Teachers Retirement System pension fund is not requiring the employee and the district to make an actuarily correct contribution for that big 24% salary spike in the last 4 years. So, the resulting Pension is underfunded. Guess who makes up the difference? The State of Illinois Taxpayer!

    And, if their pension suffers an investment loss, guess who makes up the difference? The State of Illinois Taxpayer! Because this is a defined BENEFIT pension. Now it is true that they don’t receive social security. But guess what. Is your 401K defined BENEFIT? NO! It’s Defined CONTRIBUTION. So if your 401k loses money, there is no state of Illinois taxpayer to make up the difference. So not only do you have to come up with more money because YOUR 401k loses money, but you have to come up with more taxpayer dollars to fund the Defined BENEFIT pensions of the teachers or administrators!

    The Union, Teachers, and Administrators foreget to mention these points when they complain the State of Illinois is the only reason their pension is underfunded.

    Copy this and send it to your Illinois State Senator and State Representative and ask them change this travesty to the Illinois taxpayer. Isn’t Quinn great, he wants to raise YOUR Income tax rate 1% so YOU the taxpayer can fund someone else’s PUBLIC PENSION retirement.

    Don’t you think it would be a better idea to tell the teachers and administrators that we cannot, and have not ever been able, to honor these pensions that were granted by politicans who received campaign contributions from teachers unions. The STate of IL has been shorting the sysem almost from the day it was created, because the reality is, we cannot afford pensions that are so luxurious.

  2. Comment by James Connors on January 5, 2011 at 6:30 am said:

    HERE’S something better ANON for you to ‘copy and send to Illinois State Senator and State Representatives….
    you missed most ot the important points as they pertain to the STATE OF ILLINOIS PENSION SYSTEM….here they are….:

    THE STATE OF ILLINOIS DEFINED BENEFITS PENSION PLAN COST IS
    27% BELOW THE NATIONAL AVERAGE

    LETS REPEAT… THE PLAN IS

    TWENTY-SEVEN PERCENT BELOW
    THE NATIONAL AVERAGE…..!!!!

    HERE ARE OTHER CRUCIAL STATE OF ILLINOIS PENSION MYTHS

    ….FOLLOW ALONG NOW:

    Debunking Illinois Pension Myths!

    Myth: Illinois has TOO MANY PUBLIC EMPLOYEES!
    Reality: Illinois actually ranks 49th among the states, next to last in the nation,

    in number of state employees per capita.
    Historically, Illinois has not been a high public employee head count state.

    Instead, Illinois is mostly a grant making state
    – that is, rather than hire state employees to provide services; Illinois

    disburses grants to independent providers such as
    Lutheran Social Services or Catholic Charities, which in turn deliver the

    service to the public

    Myth: Public employee benefits areTOOO GENEROUS!
    Reality: For most Illinois public employees, their pension is all they receive

    upon retirement

    NOT ONLY THAT- fully 78% are not covered by and do not receive Social

    Security. This is unlike workers in the private sector, who receive both Social
    Security and private retirement benefits!

    4. Myth: Illinois’ current defined benefit; THE SYSTEM IS TOO EXPENSIVE!
    Reality: The ‘normal cost’ of a pension system is the contribution required

    from an employer to fund the plan’s benefits.
    The weighted average ‘NORMAL COST’ across all five Illinois pension

    systems, as a percentage of active members’ payroll,
    averages 9.13 percent.
    The NATIONAL AVERAGE for state and local government is 12.5 PERCENT,

    placing the normal cost of
    ILLINOIS’ current defined benefit program FAR BELOW THE NATIONAL

    AVERAGE!!!!

    IT GETS CLEARER:

    IL PENSION SYSTEM BENEFITS ARE ONLY ABOUT 49TH AS GOOD AS

    OTHER STATE PENSIONS
    STATE HAS A NUMBER OF EMPLOYEES FAR FAR BELOW OTHER STATES
    PENSIONS ARE ONLY 18K A YEAR AVERAGE AND BECAUSE OF PENSION

    SYSTEM RULES… 78 % HAVE NO SOCIAL SECURITY EITHER….

    IT GETS EVEN CLEARER:
    UNTIL RECENT YEARS…..STATE EMPLOYEE PENSION BENEFITS RANKED

    SECOND TO LAST….IN BENEFITS….

    SO FOR YEARS AND YEARS STATE EMPLOYEE BENEFITS WERE

    HOPELESSLY BELOW PAR….AND… EVEN NOW…..IT RANKS ONLY

    AVERAGE….

    HERE’S A URL WITH A VIDEO:

    EDUCATE YOURSELF…
    THE Center for Tax and Budget Accountability executive director Ralph

    Martire tells us the truth….i challenge YOU to view this video:

    http://progressillinois.com/2009/3/19/martire-pensions-gold-plated

    The data make it clear that the state’s unfunded pension liability accrued to date was not caused by overly
    generous benefits, high head counts, excessive costs or even poor investment returns. Instead, the real
    culprit has been, and continues to be, the repeated failure of the state to make its full, annual employer
    contribution to the systems. *

    *READ THE ENTIRE Illinois Retirement Security Initiative
    A Project of the Center for Tax and Budget Accountability

    http://www.ctbaonline.org/All%20Links%20to%20Research%20Areas%20and%20Reports/Pension/DB%20vs%20%20DC%20MASTER.pdf

  3. Comment by johnktim on January 8, 2011 at 9:07 am said:

    Okay reply to James Connors: comparisons like that are BS. I’d ask, what did all these high-paid officials do for me or other illinoisisans in an absolute sense? Did they LOWER my tax burden? Did they in some iinexpressable way IMPROVE the general affairs of Illinois such that they made our fiscal situation MUCH BETTER than it used to be? Hmm. I don’t think so. Nothing of lasting value really …nothing that will last AS LONG AS their own life-time pensions.
    As a last thought, remember: exodus. Illinoisians can and probably will vote with their feet in ever greater numbers as Quinn tries to load on new taxes… fortunately we are still free to move on out.