Highest-Paid Retired Legislative Pensioner Dies

Former State Rep. and Senator Arthur Berman died June 6th at age 85.

Way back in the early 1970’s Berman was the organization Democrat from the north end of Chicago and Evanston.

The Independent Democrat was Joe Lundy.

After Berman retired from the Senate, he did what more than one retired did to increase his pension.

He got a high paying job as a lobbyist for, I believe, the Chicago Public Schools.

In any event, by taking employment that paid 2.4 times his final salary as a legislature, he hiked his pension quite a bit.

Art Berman pension application. GARS is the General Assembly Retirement System.

In an article in Illinois Policy on June 5th, Berman’s pension was listed as $265,428.


Comments

Highest-Paid Retired Legislative Pensioner Dies — 15 Comments

  1. Tragic when anyone passes but what this person did to get that pension is exactly what is wrong with this state.

    Why don’t we take some of this money we blow on ridiculous pensions and spend it on things that would help people.

    We don’t have to defund the police we have the money right here.

    #defundILpensions

  2. This will make a taxpayer want to puke:

    62 former state lawmakers receiving more than $100K pensions

    https://www.illinoispolicy.org/63-former-state-lawmakers-receiving-more-than-100k-pensions/

    Illinois’ state legislature is technically a part-time job, but 62 former lawmakers receive a pension that tops $100,000 a year. Tally the pension earnings of all retired lawmakers, and 94 of them are in the $1 million club.

    Retired lawmakers draw from the General Assembly Retirement System. Lawmakers have shorted their own system so much that it only has 16 cents of every $1 it needs – the biggest gap of the five statewide public pension systems.

    Of those 62 lawmakers making more than $100,000 a year, the average one receives $132,753 in annual pension pay after contributing a total of $133,588 during nearly 24 years of public service. The total payout so far during retirement averaged more than $1.5 million.

    In other words, for every $1 those lawmakers contributed to their retirements, they have taken nearly $12 out of the system.

  3. Through being included in the pension system via a state law.

  4. From Naples Fl. to Scottsdale Az. I have found there are basically two types of Illinois expats.

    The ex-Public Sector goof that retired at 55 with a gold plated pension and the guy who got sick and tired of paying for it.

  5. @Neal

    The defunding of the police has NOTHING to do with fiscal considerations and EVERYTHING to do with the agenda of the liberals, socialists and anarchists.

    The quickest way to destroy this country is to remove law enforcement and sow the seeds of civil war.

  6. Good riddance!

    Did he marry a 23 old twink boy to keep the pension goin’ fifty more years?

  7. Leaving Illinois sounds more and more like a necessity!

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