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Article updated: 2/6/2014 10:31 AM

Retiree bonuses cost taxpayers millions

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Former Naperville City Councilman Richard Furstenau is pushing legislators to end a special "13th Payment" bonus program he benefits from that cost Illinois taxpayers more than $41 million in 2013.

Mark Black | Staff Photographer

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Former Naperville City Councilman Richard Furstenau recently received paperwork about his expected bonus from a "13th Payment" program that cost Illinois taxpayers more than $41 million in 2013. He says it should be abolished.

Mark Black | Staff Photographer

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Every July, thousands of Illinois Municipal Retirement Fund pensioners find a little something extra in their mailboxes in addition to their monthly pension check. In 2013, those little somethings added up to a big bill for taxpayers -- $41,054,552. It's called the "13th Payment," and it's essentially a bonus paid to retirees for simply living another year and outliving other retirees.
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    • Former Naperville City Councilman Richard Furstenau is pushing legislators to end a special “13th Payment” bonus program he benefits from that cost Illinois taxpayers more than $41 million in 2013.
    •  Former Naperville City Councilman Richard Furstenau recently received paperwork about his expected bonus from a “13th Payment” program that cost Illinois taxpayers more than $41 million in 2013. He says it should be abolished.
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