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Subscriber Special- 1 Day Teacher Substitute, $1 Million Public Pension Money42

October 14, 2014 10:40 AM
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Money42

Remember the two Illinois union lobbyists that substitute taught for one day and stood in line to receive $1 million in teacher retirement pensions?

Forbes

One Day Sub, $1 Million in Teacher Pension Those union lobbyists got their pensions today at Forbes- read my editorial | October 14, 2014

TheWashingtonTimes

40 IL Union Bosses Collect $5 Million in Teacher Pensions At Taxpayer Expense | By Kelly Riddell The Washington Times Read investigation here | October 9, 2014 
 
From today at Forbes:  
 
How a pair of union lobbyists retired on nearly $1 million teacher pensions after they substitute taught for one day...
 
In 2011, the Chicago Tribune exposed a pair of Illinois teacher union lobbyists, Stephen Preckwinkle and David Piccioli, who substitute taught for one day and stood to collect nearly $1 million in state teacher pensions. 
 
Newspaper editorials, elected officials, the governor and citizens cried foul. Legislation was quickly passed to stop the abuse.
 
When Gov. Pat Quinn signed the pension "reform" legislation into law in January 2012, he said. "The pension abuses unearthed were flagrant. They needed to be stopped immediately and prevented from ever happening in the future."
 
Mission accomplished, or so it seemed... 
 
Even though all Illinois citizens were led to believe that the pension abusers had been stopped, within twenty-four months after the "reform" legislation passed, the union lobbyists retired and received their lifetime Illinois state teacher pensions.
 
Even in Illinois, how did this happen?
 
READ TODAYS FORBES EDITORIAL: 
 
READ THE WASHINGTON TIMES EXPOSE:
 
Stay tuned. At American Transparency, we are working hard to "expose the daily greed" at the federal, state, and local levels of government across America.
Adam
 
ADAM ANDRZEJEWSKI
Founder, Open The Books
Chairman, American Transparency 
 
P.S. Please help us today to continue to 'shine the bright spot-light.' Our research teams need your help: Please make a tax deductible gift of $25, $50, $100, $250 or $500 today.
 
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