Bambenek Pledges to Refuse General Assembly Pension

From the campaign of John Bambenek for State Senate (52nd District)…

Bamenek Calls on Sen. Frerichs and Legislators to Take Initiative on Reform

CHAMPAIGN, IL (September 20, 2012) — John Bambenek, the 52nd District State Senate Republican Candidate, today pledged to refuse to accept the General Assembly pension if elected, as well as the additional retiree healthcare coverage that legislators are entitled to after serving. Both programs have contributed to the state’s fiscal problems. In making this pledge, he is pushing current legislators towards reform.

“If elected, I will refuse the General Assembly Pension. I will also refuse the free retiree health care which legislators get after four years of service, and I call on Sen. Mike Frerichs to do the same, “Bambenek stated. “I would sponsor legislation to end the General Assembly pension system and not allow any more benefits to be earned in that system.”

Mr. Bambenek’s call to reform comes as the state continues to suffer from one of the most underfunded pension systems in the nation, and after lawmakers for years have padded their own pensions. Currently, the General Assembly Retirement System is also underfunded as retiring members, due to their legislative increases, have allowed members to draw more in pension funds than they have in legislative salary. In May, the Chicago Tribune reported that retired State Senator Emil Jones Jr. was one example of this widespread padding, as courtesy of his 1989 legislation, he was able to collect an annual pension of $122,000, far greater than what he received as State Senate President.

John Bambenek Is a candidate for the Illinois State Senate of the 52nd District. www.johnbambenek.com/.
Facebook: www.facebook.com/JohnBambenek
Twitter: twitter.com/bambenek

About Warner Todd Huston

Warner Todd Huston is a Chicago-based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as Andrew Breitbart's BigGovernment.com and BigJournalism.com, RightWingNews.com, CanadaFreePress.com, RightPundits.com, StoptheACLU.com, Human Events Magazine, among many, many others. Additionally, he has been a frequent guest on talk-radio programs to discuss his opinion editorials and current events. Warner is also the editor of the Midwest Editor for RedCounty.com. He has also written for several history magazines and appears in the new book "Americans on Politics, Policy and Pop Culture" which can be purchased on amazon.com. He is also the owner and operator of PubliusForum.com. Feel free to contact him with any comments or questions, EMAIL Warner Todd Huston: igcolonel .at. hotmail.com "The only end of writing is to enable the reader better to enjoy life, or better to endure it." --Samuel Johnson
This entry was posted in Budget, Champaign, Champaign County, Conservatives, Elections, General Assembly, GOP, John Bambenek, Pensions, Senate, Taxes and tagged , , , , . Bookmark the permalink.

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