Chicago Labor Leader Collects $158,000 Public Pension

By:  Brian Koenig
09/27/2011
       
Chicago Labor Leader Collects $158,000 Public Pension

Infamous for political corruption, the city of Chicago rehired for one day former union leader Dennis Gannon, who as a result netted $158,000 in a public pension, according to the Chicago Tribune. Rehired by the city in 1994, Gannon was accorded an indefinite leave of absence after working a single shift. Raking in about five times greater than the average retired city worker, Gannon’s lavish pension is a product of corrupt political massaging among Chicago union leaders and government officials.

After gaining high stature in labor politics, Gannon sought to gain from the city’s skewed law that would allow him to remain in the municipal pension fund. So he was rehired and the next day granted a leave of absence to work for Local 150. Illinois law permitted Gannon to retire in 2004, at 50-years-old, and since then he has incurred approximately $1 million in pension benefits, and is expected to pocket about $5 million during his lifetime.

Infamous for political corruption, the city of Chicago rehired for one day former union leader Dennis Gannon (photo), who as a result netted $158,000 in a public pension, according to the Chicago Tribune. Rehired by the city in 1994, Gannon was accorded an indefinite leave of absence after working a single shift. Raking in about five times greater than the average retired city worker, Gannon’s lavish pension is a product of corrupt political massaging among Chicago union leaders and government officials.

After gaining high stature in labor politics, Gannon sought to gain from the city’s skewed law that would allow him to remain in the municipal pension fund. So he was rehired and the next day granted a leave of absence to work for Local 150. Illinois law permitted Gannon to retire in 2004, at 50-years-old, and since then he has incurred approximately $1 million in pension benefits, and is expected to pocket about $5 million during his lifetime.

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