Education

Substitute Teach for a Day, Draw a Pension for Life

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Teacher

Two lobbyists for the Illinois Federation of Teachers (IFT) qualify for the state teacher pension, reports the Chicago Tribune. The catch? Not counting a single day of substitute teaching, neither one has ever taught.

Steven Preckwinkle and David Piccioli used a legal technicality to weasel their way into a pension plan for which common sense dictates they should not qualify. According to the Tribune's calculations, these lobbyists masquerading as teachers could receive more than double the average teacher pension since the payouts are based on salary history:

Over the course of their lifetimes, both men stand to receive more than a million dollars each from a state pension fund that has less than half of the assets it needs to cover promises made to tens of thousands of public school teachers….

Preckwinkle, 59, stands to receive about $2.8 million by the time he turns 78, about $3.8 million if he retires next year and lives until he's 84. Piccioli, 61, stands to collect about $1.1 million by age 78, about $1.7 million if he lives until 84, according to an analysis by the Tribune and WGN-TV.

Preckwinkle and the IFT may have helped bring about the legislative loophole which will keep these lobbyists comfy for the next few decades.

The Tribune:

Preckwinkle applied for his first substitute teaching certificate four weeks before the legislation passed, then subbed at a Springfield school six weeks before the window to become eligible closed.

Preckwinkle even signed a witness slip in support of the legislation during a House committee meeting, although the teachers union says he lobbied for a different provision in the same bill, not the perk for union officials such as himself….

Although the bill received bipartisan support, the benefit to union officials was sponsored by Springfield Democrats showered by IFT campaign contributions during the 2006 elections.

You could hardly blame union members for taking advantage of a broken pension system, so long as they didn't help break it in the first place.

Reason on teachers unions and pensions.

Link via commenter John.

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  1. Geez, not even Beloved, Despised, or Hygenic. Nice job anyway, John.

    1. He lost his adjective. He’s now like the rest of us: Forgettable.

      1. Haha. Not quite all.

  2. I’m not sure we understand why you would complain about this. We are teachers, we do the work of God.

    1. No, we do God’s work. And in some of the toughest neighborhoods in America.

      1. Whatever.

  3. You beat me to it.

  4. John’s no longer beloved? Couldn’t he at least have been “corrupted” or “defiled” or something interesting, at least?

    Wait, I know: “Link via unsubstantive commenter John”.

    1. I’d be tempted to say MNG’s nemesis but that would almost be like giving MNG the tip.

      How about Team Red hack John.

    2. The bastards didn’t even tell me why. They just took my decoder ring and walked off. And worse still, they sent Venneman to do it.

  5. Link via poor speller John?

    1. Link via comentor John.

      1. Link via Gamboler John.

        1. we are all Gamboler’s now

          1. It is certainly gambolers all the way down.

  6. Do we need to completely get rid of Hat Tips? My prediction: 90% of comments on the Hat Tip, 10% on the article. (My comment falls under the 90%, obviously)

    1. “Link via party pooper Playamanhattan.”

      1. ***must resist urge to meta…aghhh***

      2. OK, I admit it! I am only taking this stance because I know I will never get hat tipped. Occupy Hit and Run!

        1. You are just one step above the guy on the phone yelling, ‘bobbabooey! bobbabooey!’with that comment.

  7. The corruption is multi-faceted, deep, and long. If I recall the reporting on WGN around these scandals:

    (1) This was all enabled by a change in the pension laws that was slipped in at the last minute during conference committee at the state legislature (dominated, need I say, by Dems). Needless to say, no one can quite remember how it got in there.

    (2) There are a bunch of union toadies getting state pensions based on their union paycheck, not any state pay they may have received.

    (3) The pension fund is overseen by a slimeball who is on the payroll, somehow, of the very people who are looting the assets he is sworn to protect.

    Need we say that this all came out of the same festering pustule of corruption that gave birth to our present administration?

    1. It gets worse:
      http://mjperry.blogspot.com/20…..dards.html

      $500K per year pension. Though not for schools, it’s still a government job.

    2. You still wearin’ yo wife’s underwear?

      Ah, good times.

    3. festering pustule of corruption…
      gelatinous goo of crustly layered ‘what’s in it for me’ low-thinking…

  8. I want a job where I can work one day and get a pension of $140K/yr. Hell, I’ll work two days if you’ll double it.

    1. I’ll work three if you cut it in half.

      Oh wait, now I’m driving down wages.

      1. 7 days for a one-time payment of 30,000.

        HA!

  9. “You could hardly blame union members for taking advantage of a broken pension system, so long as they didn’t help break it in the first place.” Maybe you can’t. But I can.

  10. Glad to see someone moved the boulder and found all the bugs crawling around underneath it.

  11. You could hardly blame union members for taking advantage of a broken pension system, so long as they didn’t help break it in the first place.

    Yeah, you can. At some point, teachers themselves… you know, the ones who actually work, teach, spend a career in the classroom, should be protesting and fighting their unions over this stuff. It only hurts other teachers.

    1. Teachers fighting their unions?

      Don’t make me laugh so hard, dude.

  12. Not to sound “ANTI-BUSINESS” but, business owners weasel their way out of paying income taxes with all sorts of tax tricks.

    Not to sound “UN-AMERICAN” but, Cops and firemen do this all of the time.

    I know the typical libertarian response to this: “people have a right to cheat on taxes as all taxes are theft”.

    What-ever

    1. The response by reasonable people is twofold:

      1. So what?
      2. Two wrongs don’t make a right.

      And welcome back to my favorite transsexual crackhead. Hopefully you’ll displace WI in coherency and John in misspellings.

      1. You know two wrongs make a right.

        Give u a quick example: someone Attacks Israel and kills many innocent people (a wrong). Israel retaliates and kills many innocent people (a wrong).

        Doesn’t Israel have a right to defend herself?

      2. “Two wrongs don’t make a right” is what the dude FUCKING you says in hopes that you don’t fuck him back.

        1. Are you saying that cheating a pension is a way of retaliating against other people who cheated the pension? Cuz, I’m not seeing it. I’m pretty sure it’s just about being a sleazy, greedy asshole and not caring who gets hurt by it.

          1. I do agree that stealing from pension is very bad…and requires oversite.

    2. Not to sound “UN-AMERICAN” but, Cops and firemen do this all of the time.

      Cops and firemen, they belong to unions too. I’m sensing a pattern here…

    3. Alice, those teachers retirement funds are going to go broke some day. And the actual teachers are going to be screwed in no small part because of union bastards like this. These people are stealing from the very people they claim to represent.

      And you say “whatever”. Essentially you don’t give a flying fuck about the people you constantly claim to care about.

      1. These people are stealing from the very people they claim to represent.

        But, but, UNION SOLIDARITY!

      2. I don’t support what these union assholes are doing.

        I’m saying that what is going on in the public sector is going on (if not worst) in the private sector. AND WE DO PAY FOR IT AS WELL in the COST of GOODS as all Costs-of-Goods-Sold are passed down to the final consumer.

        1. Only if I choose to buy their products. If they are too expensive because of private sector benefits, then I won’t buy them.

          I don’t have that choice with public sector goods. But of course, you know this.

        2. If you don’t like what is going on in the private sector you can not buy the product. If you don’t like this, tough shit you still have to pay your taxes.

          And what does one have to do with the other? This is a common tactic that the Leftists on here (MNG being the most notable) use. Whenever confronted with a fact they don’t like, they just put up some fact they do like and pretend that somehow makes the one they don’t like go away.
          So what? We are not talking about the private sector here. We are talking about the Unions and the fraud they are engaging in. Stop trying to change the subject because you don’t like it.

        3. “I’m saying that what is going on in the public sector is going on (if not worst) in the private sector.”
          Bozo, listen here:
          1) You are not forced to buy anything from the ‘private sector’, including stock in a company you don’t think is well run.
          2) You ARE forced to pay taxes.
          Is that clear?

          1. “You are not forced to buy anything from the ‘private sector'”

            We’ll see about that!

    4. So you don’t see any difference between trying to keep more of the money you made and taking money that you didn’t earn?

      wrt Cops & Firemen, have you not seen the articles about Cali Police retiring at 50?

  13. Gotta check .. is this Preckwinkle related to Toni (Cook County Comm Chair)?
    Wouldn’t be surprising in the slightest.

    Oh and RC nailed the money quote..
    “Needless to say, no one can quite remember how it got in there.”

    1. is this Preckwinkle related to Toni (Cook County Comm Chair)?

      I think I heard WGN say not. Which is weird. How many Preckwinkle clans can there be?

  14. OK, I just found a reason to support Romney in 2012 if he is the nominee against Obama:

    If Illinois finally goes totally bust between 2013 and 2016, a President Romney would them to go fuck themselves. Illinois hack extraordinaire Obama might try to bail them out.

    If Romney promised me he’d piss on the burning ruins of Illinois, I’d give him a free pass on the Romneycare thing.

    1. He would probably tell California to fuck off too. No way would Obama do that. The Dems could never risk putting California in play in the next election.

    2. Romney would bail out Michigan and Massatwoshits though.

      1. Rather surprisingly, Michigan doesn’t really need it — at least not right now. The current controversy is about what to do with a small, unexpected budget surplus:

        http://www.annarbor.com/news/d…..s-of-285m/

        Michigan also moved new state employee hires into defined contribution plans in the 90s (though, unfortunately, this does not yet include teachers), so underfunded pension problems are not as severe in MI as in most states.

  15. If Illinois finally goes totally bust between 2013 and 2016, a President Romney would them to go fuck themselves.

    Offhand, given his Big Gov approach, I would say the odds are he would bail them out. I certainly wouldn’t be surprised if he did.

    No, the bulwark against bailing out failed states isn’t ROMNIAC, its the Tea Party caucus in the House.

  16. “You could hardly blame union members for taking advantage of a broken pension system”

    Just like you can hardly blame greedy bankers and car manufacturers, e.g., for taking billions from corrupt government cronies?

  17. This is how we do it bay bay..

  18. Teach

    Bryce McMinn

  19. Bryce MCMinn Teacher

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