
The departure of Senate President John Cullerton, D-Chicago, highlights one example of how pension sweeteners Illinois lawmakers passed decades ago are putting taxpayers on the hook for extravagant benefits today.
Cullerton is set to receive more than $2 million in state pension payments over the course of his retirement, should he live to age 85. He will take home nearly $4.2 million if he lives to age 95, which is $1.3 million more than he would have received without the special sweetener.