Illinois Statehouse News reported that Eddy's pension as school superintendent would have been about $70,500 a year. It will climb to at least $141,000 in his new job. His predecessor at the IASB, Mike Johnson, is earning an annual pension — get ready to swallow hard — of $193,273, according to TRS.If you are adroit
But that's not the end of Eddy's pension largesse. He'll be eligible in two years to begin collecting a pension of about $24,000 a year from his nine years of part-time work in the Legislature. Illinois Statehouse News projected his lawmaker pension carries a lifetime value of $584,273. Eddy is 53 years old.
with your political career,
you can artfully exploit
our pension system here.
Of course, the ugly joke
is that the system's going broke.