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Post by momto4 on Sept 17, 2010 12:16:50 GMT -5
www.chicagotribune.com/news/local/ct-met-padded-pension-0917-20100917,0,4986362.story This article ends with the following - Fox Valley Park District Executive Director Steve Messerli is eyeing Dec. 31 for retirement — one that records show is set to come with as much as $68,000 more in yearly income thanks to big perks and an early retirement incentive from district officials in his final four years on the job. Board members have promised him $95,000 in severance pay. Add in another $70,000 for his private retirement account. And $46,000 to cover Messerli's own contributions to his pension and $40,000 in car allowances. It will all count toward his pension, helping to boost it to an estimated $197,000, about $10,000 higher than his base salary. Messerli said he worked hard for the money, expanding programs and bringing in more money. Don't blame him, he says. "Those are the rules."
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