Illinois General Assembly Retirement System
Recent News About Illinois General Assembly Retirement System
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Analysis: State Sen. Haine paid $143K into lawmaker pension fund; may collect $730K
Retiring state Sen. William Haine (D-Alton) will reap a payout of more than $730,000 over the next decade from the General Assembly’s pension fund, even though he paid only $143,001 into the system, according to the Illinois State Retirement System.
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Rankings: 100 worst funded pensions in Illinois
East Saint Louis, Madison and Centreville have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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All play and no work — yet legislators still draw paychecks, policy pro argues
Lawmakers have spent very little time in their seats, but at least they got to have play time, Austin Berg wrote on the Illinois Policy Institute website recently.