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Report: Ex-labor chief's 1-day rehire nets $158,000 city pension
Chicago officials admit helping him qualify but say payout legal under Illinois law
1-day rehire nets $158,000 pension for ex-labor chief - US news - Life - msnbc.com
Chicago officials admit helping him qualify but say payout legal under Illinois law
A retired Chicago labor leader secured a $158,000 public pension roughly five times greater than what a typical retired public-service worker in the Windy City receives after being rehired for just one day of active duty on the city payroll, local news reports said.
According to The Chicago Tribune, Dennis Gannon stands to collect approximately $5 million in city pension funds during his lifetime. He now draws the pension while working for a hedge fund, the Tribune reported.
1-day rehire nets $158,000 pension for ex-labor chief - US news - Life - msnbc.com