ARLINGTON HEIGHTS(AP) -- A statewide pension system for retired local government workers and school district personnel is paying out bonuses that cost taxpayers more than $41 million last year.
The Daily Herald added up the costs in a review of the Illinois Municipal Retirement Fund. It obtained the data through an open records request. Known as the "13th payment," the bonuses paid each July are on top of monthly pension checks and have escaped scrutiny during the state's pension reform efforts.
The average bonus for 2013 was around $340. But payments went as high as $7,600.
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