Friday, April 21, 2006

George Ryan could lose pension

The Illinois public pension board will consider revoking the $200 thousand annual pension of former Governor George Ryan, who was convicted Monday on charges including conspiracy, racketeering and mail fraud.

Ryan makes more in retirement than he did as the state's chief executive, thanks to a generous public pension system and a tenure that included stints as speaker of the Illinois House, lieutenant governor, secretary of state and governor.

Ryan was making $150,691 a year when he left the governor's mansion in January 2003. Currently, he is collecting $197,037 a year in state pension.

Robert Knox, who heads the state pension system for elected officials, said that after Ryan is sentenced the pension board will decide whether the crimes Ryan was convicted of breached the public trust.

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