Subscriber Special - New 'Minimum Wage' for Public Employees Money26

May 21, 2016 09:40 AM
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Money26
 
'Minimum Wage' of $100,000 for 50,000 Highly Compensated Illinois Public Employees Costs Taxpayers $8.0 Billion
Forbes 'Editors Pick' | Read our Forbes column here
May 20, 2016  
 
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Nearly 2,500 units of Illinois government pay 
at least one employee $100,000
Look up your ZIP code here on our interactive-mapping tool
 
Illinois is broke. Yesterday at Forbes, we proved why. 
 
Our column was a Forbes 'Editors Pick' and with over 60,000 views online. It trended #2 'Most Popular' on the prestigious news site.
 
 
An exclusive club of 50,000 public employees with $100,000 salaries in nearly every IL hometown was 'hiding' in our salary data at OpenTheBooks.com. We opened the books.
 
You paid for this. So, we show you all of the gory details on our interactive mapping tool at OpenTheBooks.com. Start your search here, zoom-in, click any 'pin,' and scroll down to review the results.
 
If you live in Florida or Texas, we mapped your 'highly compensated' public employees as well. Click here and use the drop-down arrow to choose the title of your map.
 
You'll be amazed at what you'll discover. Here's a quick sample of what we found in Illinois:
  • 18,900 teachers and school administrators - including $503,200 for Mohsin Dada, an administrator at North Shore School District 112 who earned $248,510 salary, plus a teacher's retirement pension of $254,700 (ZIP - 60035).
  • 9,000 college and university employees - including Dr. Fady Toufic Charbel at the University of Illinois at Chicago who earned $1.38 million (ZIP - 60601).
  • 8,838 State of Illinois employees - including Steven Valasek, a $218,519 'contractual worker' employed by Illinois Comptroller Leslie Munger (R) (ZIP - 62704).
  • 5,122 small-town city and village employees - including 72 municipal managers who out-earn every governor of the 50 states at $180,000 per year.
  • 5,007 City of Chicago rank-and-file managers and workers - including $216,000 for embattled Chicago Mayor Rahm Emanuel (D).
In total, there's roughly $9.3 billion in total compensation flowing to highly compensated government workers when counting 7,637 federal employees based in Illinois with six-figure salaries.  
 
 
So, after the Chicago pension funds or the Illinois Teacher's Retirement System runs out of money... what are you going to say to a federal bailout? 
 
JOIN THE TRANSPARENCY REVOLUTION.  IT'S YOUR MONEY!
Adam
        
Adam Andrzejewski (say: Angie-f-ski)
Founder, OpenTheBooks.com 
 
Matthew Tyrmand
Deputy Director
 
PS. Our new video describes how our data and technology can help you stop government waste!  Watch it here.
 
Help fund our movement with a special Crowdfunding donation of $1, $50, $100, or more,  please click here.    
  • $1 or more receives our OpenTheBooks bumper sticker
  • $50 - $74 receives a cotton OpenTheBooks.com baseball cap
  • $75 or more receives a hardcover copy of U.S. Senator (retired) Dr. Tom Coburn's book, The Debt Bomb.
 
Together, we are a strong team. Please click here to help our mission.
 
 
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