House passes pension boost bill for one Chicago alderman

By Vincent Caruso
Illinois House members voted to override Gov. Rauner’s veto of a bill that would allow a former firefighter serving as a Chicago aldermen to credit his political salary toward a more lucrative fire pension. While just one alderman now qualifies, the bill could extend the perk to more in the future.

TAGS: 401(k), Anthony Napolitano, Bruce Rauner, municipal pensions, Nicholas Sposato, pension guarantee, pensions, Rahm Emanuel, Robert Martwick