* When Comptroller Judy Baar Topinka was ordered by a Cook County judge to immediately issue lawmaker paychecks, she didn’t take the time to calculate the owed interest. The judge ordered interest paid in the wake of Gov. Pat Quinn’s veto of lawmaker salaries due to their inaction on pension reform, but that interest hasn’t yet been calculated or paid and it doesn’t look like it ever will…
Illinois Senate President John Cullerton said Saturday he will not seek interest payments lawmakers are due for going without pay for two months last summer, a shift from earlier comments by a spokeswoman who had indicated the Democratic leader would work to get the few extra bucks.
“We have no intention of pursuing the interest on withheld salaries,” Cullerton said in a statement. […]
If they sought just 1 percent interest each month — the monthly rate Illinois must pay vendors for falling 90 days behind on bills — taxpayers would be responsible for another $21,720. Divided evenly, that amounts to about $122 per lawmaker. […]
A spokesman for Madigan said he was “not aware of any discussions” about the possibility of seeking interest payments. Meanwhile, Quinn believes lawmakers should not accept the money, according to spokeswoman Brooke Anderson.