Thursday, January 19, 2012

Private-sector lobbyists stand to collect public-sector pensions

The Chicago Sun-Times reports:
Township Officials of Illinois is a private trade group, not a governmental agency, but its employees are eligible for public-sector pensions subsidized by taxpayers, the Better Government Association has learned.

No one from TOI is currently drawing a pension from the Illinois Municipal Retirement Fund. But TOI’s four full-time employees, two of whom are registered lobbyists, stand to draw the potentially lucrative retirement benefit down the road, according to interviews and records.
You might ask how is this possible and why?
Yet TOI’s executive director, Bryan E. Smith, says employees of his group deserve the public pensions they stand to gain.

“We represent governmental bodies so we’re tied [to IMRF] that way,” Smith says.
Just a reminder, Obama's 2008 campaign national co-chair Congressman Jesse Jackson Jr. has dreams of taxpayers outside Illinois paying for these pensions!