Saturday, April 09, 2011

Part- Time Government Job Yields $100, 000 A Year Pension

The Chicago Tribune reports:
To thank Bill Maio for his years of public service, his former colleagues on the DuPage County Board named a street after him.

County taxpayers are paying him back in far more lucrative ways.

Capping a career in which he often called for fiscal restraint, the retired Itasca politician now gets a $100,000-a-year pension. That's for 30 years of work — only five of which were full time, the rest as a part-time board member.

Maio is one of 34 formerly elected officials in the Chicago area who cashed in on a generous pension system so controversial that the rules were later tightened.
What a scam.