Categories: WTVO

Pension payments to cease for disgraced former Illinois House Speaker Michael Madigan

SPRINGFIELD, Ill. (WTVO) – Pension payments Michael Madigan has received since he retired four years ago will stop now that the ex-Illinois House speaker has been convicted of corruption.

Madigan spend a half-century in the Illinois legislature and retired in 2021. Since then, he’s been receiving payments from General Assembly Retirement System (GARS).

Before he was convicted last week, Madigan collected a pension worth $158,027 last year and was paid $580,811 from 2021 through 2024. Per state statute, the retirement system will not be able to recoup those dollars.

Illinois Policy Institute Assistant Editor Dylan Sharkey said it shouldn’t be that way.

Sponsored
Sponsored

“Although he was just convicted now, he was convicted of crimes from years ago, well before he retired, meaning that he should have to pay back what he’s already been paid out, that $580,000,” Sharkey told The Center Square.

Madigan, 82, faces at least 20 years in federal prison.

rssfeeds-admin

Share
Published by
rssfeeds-admin

Recent Posts

FortiGate Firewalls Exploited in Wave of Attacks to Breach Networks and Steal Credentials

A series of intrusions in early 2026 in which threat actors compromised FortiGate Next-Generation Firewalls…

1 hour ago

Crosswalk passes, social districts fails in Henniker town meeting

Amy Guimond, who grew up in Henniker, moved back to town a few years ago…

2 hours ago

Voters approve budget, tax rate hike, and reserve investments in Pembroke

Town officials in Pembroke have learned from past mistakes.  This year, when the wireless microphone…

2 hours ago

Vacant home off Manchester Street in Concord ravaged by fire

A long-vacant house on Airport Road sustained major damage in a fire early Saturday morning.…

2 hours ago

Hopkinton’s $29 million school budget passes as frustration over state funding swells

Amy Bogart has had enough of the state failing to adequately fund education programs, such…

2 hours ago

Loudon barely passes budget, delivers a firm ‘no’ on new firetruck

By the time Kelly Bokhan came to Loudon’s town meeting, she felt her wallet was…

2 hours ago

This website uses cookies.