Former Teachers Union Lobbyist pulls $1,000,000 yearly Illinois pension

If you’re a private sector employee and watched your 401(k)’s value plummet four years ago, this Chicago Tribune story will make your blood boil. Had you worked a few years for state government then worked for a public sector union, you could have rolled that unpredictable 401(k) into a guaranteed defined-benefit pension — paid by a system funded by your tax dollars.

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