General Assembly Retirement System
Several state lawmakers have opted out of their legislative pensions, while the state continues to struggle with a massive pension debt, but a local budget policy group said the lawmakers’ actions are neither effective, nor relevant.
Exactly two weeks before former Gov. Rod Blagojevich is scheduled to report to prison, a federal judge has ordered that nearly $22,000 be seized from Blagojevich’s state pension fund to pay off the fines and penalties that were part of his sentence on corruption charges.
A day after he was sentenced to 14 years in prison, disgraced former Gov. Rod Blagojevich got more bad news when Illinois Attorney General Lisa Madigan issued a legal opinion that he shouldn’t collect his state pension.
On Dec. 10, deposed Gov. Blagojevich will turn 55, and that means he can start collecting his state pension.