Skip to comments.Union leader draws lucrative pension perk based on false information (CHICAGO)
Posted on 09/02/2011 2:39:40 PM PDT by Hojczyk
Every month, Thomas Villanova gets a $9,000 reminder of how lucrative it can be to serve as a union leader in Chicago.
The sum is part of a city pension that comes on top of the $198,000 annual salary he is paid to represent the interests of thousands of city workers
.Villanova last worked for the city in 1989 as an electrical mechanic with the Department of Streets and Sanitation, making about $40,000 a year. Yet in 2008 he was allowed to retire at age 56 with a $108,000 city pension. That's because, under a little-known state law, his pension was based not on his city paycheck but on his much higher union salary.
Terrance Stefanski, executive director of the Municipal Employees' Annuity and Benefit Fund of Chicago, conceded that the union leaders violated state law by participating in both the city and union pension funds at the same time. But he said the law is confusing and the city pension fund isn't in a position to determine whether the labor leaders knowingly submitted false information, which would be a felony.
"We are not an investigative agency," he said.
Stefanski said the city still considered Villanova to be on a leave of absence, and therefore he qualified to receive the pension perk.
(Excerpt) Read more at chicagotribune.com ...
I have to think Americans are really dumb to put up with all this crap....federal, state, city....I think we need a national strike of tax payers....
Bet your bottom dollar they'll steal you blind you ignorant taxpayers. Obama is a prime example of Chicago thuggery.
I have been a Family Physician since 1992 and there is no way even with SS will I have any where near 9,000 a year when I retire at age 70. Not even close and I max out my 401K and IRA every year and add a few more dollars on the side. I also have no children and never lived in a new house and drive a 1997 pick up truck.
You do mean a month I hope!!!
My wife and I are retired teachers from Texas....Our combined pensions and SS are about a third of that 9000 a month!!!
Yep per month. Sorry but I am tired of these people getting goodies at the taxpayers expense.