Report: Ex-labor chief's 1-day rehire nets $158,000 city pension

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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

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