Turnabout, apparently, is fair play.
During member comments at Tuesday night’s McHenry County Board member Andrew Gasser praised GOP County Board Chairman candidate Mike Walkup’s call for an end to pensions for County Board members.
Gasser is one of the Board members who is not in the County pension program.
Gasser explained that the pension State Rep. and presumptive Democratic Party County Board Chairman candidate Jack Franks’ has accrued in his part-time job over the last 17.25 years would cost taxpayers $58,622.22 per year. (The pension will be somewhat higher by the time Franks finishes this term.)
The Algonquin Township Republican Party Chairman then pointed out that the total pension payments to County Board members in a year would amount to about $43,200, less that Franks’ personal legislative pension.
Gasser revealed that Franks has only paid $136,415.81 into the General Assembly Retirement System.
That means Franks would get all of his contributions back in about two years, three months after his retirement.
Gasser quoted from Franks’ website:
“I believe that there is a conspiracy by many of the elected officials to take these benefits that they have not actually earned.”
Gasser denied that anyone on the Board had conspired to do anything nefarious, something that apparently Franks has alleged on his web site.
Gasser urged Franks to follow the example of the McHenry County Board and do his job in Springfield.
“We passed a budget.
“We did what we were supposed to do.
“We didn’t send bills to the Senate and watch them die on the vine.
“Please renounce your pension.”
Then he said,
“Let us not be hypocrites,” and asked that State Rep. Mike Tryon to give up his $51,541.78 per year pension.
Gasser pointed out that both of the other State Representatives covering part of McHenry County–Barb Wheeler and David McSweeney–did not participate in the legislative pension system.
In a call to action, Gasser urged the County Board to end the IMRF pension program for themselves:
“I echo Mr. Walkup’s call for this county board to refuse the IMRF going forward – it is what is best for the taxed to death citizens of McHenry County.
“Moreover, I look forward to Chairman Jung’s leadership, Chairman Hill’s leadership, and your leadership on this.
“With leaders like this we shall not fail and I am sure that the required resolution will glide through the McHenry County Board.”
Gasser concluded with the following:
“And one last thing – in 2000 Mr. Louis Kosiba [IMRF Executive Director] was making $109,614 a year. In 2014 Mr. Louis Kosiba is making a salary of $242,519. Only in Illinois.”