What about the children?

Benevolent,altruistic they aren't.These money seeking or should we say in formal economic terms "rent-seeking" government workers get better pensions than virtually anyone in the S&P 500.Here's why Illinois has the most underfunded state pension system:

SCHOOL PAY HEAVYWEIGHTS

Name '03-'04 total compensation Retirement perks
James Hintz, Stevenson H.S. Dist. 125, asst. superintendent business $302,746 $217,500 in health care stipends over last four years
Lynne Rauch, Schaumburg Dist. 54, superintendent $289,404 $39,797 in pension contributions for out-of-state credit
Hank Bangser, New Trier H.S. Dist 203, superintendent $288,000 Expected to receive 20% raises each of last 4 years
Robert Howard, C.C. 59 (Arlington Hts), superintendent $285,780 $78,370 in raises over last 2 years plus $45,500 for 91 sick days
Ronald Patton, Bloom H.S. Dist 206, superintendent $280,828 $66,360 in raises over last two years

TOP 5 PRINCIPALS
Name '03-'04 total compensation Retirement perks
Mary Ann Ross, Palatine C.C. 15, middle school principal $219,878 $136,300 in separation stipends over last three years
David Corbett, Palatine C.C. 15, elementary principal $213,810 $133,000 in separation stipends over last three years
Daniel Galloway, Stevenson H.S. Dist 125, principal $200,910 $87,300 in health care stipends over last three years
Gregg Crocker, Wheeling C.C. 21, elementary principal $200,062 Last 2 years of 10% raises plus $17,427 in vacation days
Gretchen Ludwig, Palatine C.C. 15 elementary principal $197,287 $123,421 in separation stipends over last three years

Not bad for people who don't have to pay Social Security taxes.Chicago Sun-Times.