Pay raise for village mayor would boost pension

ORLAND PARK, Ill. (AP) - A published report says a proposed salary boost for a suburban Chicago mayor could have a big effect on his pension, resulting in payouts of more than $1 million over 10 years of retirement.

The Daily Southtown reports (http://trib.in/2e4U9GI ) Orland Park trustees are considering more than tripling Mayor Dan McLaughlin's salary to $150,000 a year. The village board could decide the matter Monday.

The newspaper calculated the effect on McLaughlin's pension under rules of the Illinois Municipal Retirement Fund.

McLaughlin turns 63 in January and is up for re-election in the spring. He makes $40,000 a year as mayor, plus $3,000 annually as liquor commissioner.

He also is executive director of a construction industry trade group. He says he'd resign that post if his mayoral duties expand with the salary increase.

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Information from: Southtown Star, http://southtownstar.chicagotribune.com/