Capitol Fax.com - Your Illinois News Radar » Retirement system belatedly admits huge Mautino error
SUBSCRIBE to Capitol Fax      Advertise Here      About     Exclusive Subscriber Content     Updated Posts    Contact Rich Miller
CapitolFax.com
To subscribe to Capitol Fax, click here.
Retirement system belatedly admits huge Mautino error

Friday, Jan 6, 2017 - Posted by Rich Miller

* From a Rep. Jeanne Ives press release last May

State records show [Auditor General Frank Mautino], who has also served 24 years as a state representative, stood to receive a starting pension of over $74,000 which is 85% of his final salary of more than $87,000. After just one year at the higher Auditor General salary, Mautino will receive 85% of his $157,000 salary, a starting pension over $133,000. That pension will compound at 3% annually for the rest of his life upon retirement.

“Frank Mautino has a campaign finance problem that mirrors those of Aaron Schock and Jesse Jackson Jr.,” stated State Rep. Jeanne Ives. “By all appearances, he is just filling a seat to maximize his taxpayer-funded pension benefits. Illinois doesn’t currently have a mechanism in place to strip legislators convicted of crimes related to campaign finance of their pensions. This is just another example of political insiders looking out for themselves at the expense of families and businesses.”

* But

The State Retirement Systems of Illinois acknowledged Tuesday it provided incorrect information about former state Rep. Frank Mautino’s pension earlier this year.

According to that information, Mautino, D-Spring Valley, was slated to receive a nearly $60,000 jump in his pension after a year as the state’s auditor general.

But a spokesman for the retirement systems said Tuesday the increase actually will be about $19,000. The earlier mistake came to light in September, he said. […]

The pension agency, Houch said, miscoded Mautino as a Tier 1 employee, which means he was hired before Jan. 1, 2011, and would get greater benefits. But Mautino should have been classified as Tier 2, in which those hired on or after Jan. 1, 2011, receive less, Houch said. Mautino was Tier 1 as a legislator, Tier 2 as auditor general.

This basic math mistake happened in September and we’re only finding out about it now? Really?

Gotta love those rear-covering paper-pushers.

* Also, check this out

“He will still receive a substantial increase, assuming he doesn’t get convicted of a job-related felony,” [Houch] said.

Nothing like rubbing salt into the wound.

* Look, Mautino still has a whole lot of explaining to do. I won’t make any excuses for him at all. It would be nice, however, if the feds expedited this inquiry so we could find out if our auditor general was sloppy, or crooked, or whatever.

       

22 Comments
  1. - Anonymous - Friday, Jan 6, 17 @ 12:20 pm:

    Interesting, then how does retiring under a reciprocal arrangement work now then? I had assumed a tier 1 employee in one system was tier 1 in all systems but I guess not.


  2. - wordslinger - Friday, Jan 6, 17 @ 12:28 pm:

    Speaking of expeditious federales and closure, is that NRI investigation still a thing? It was big news a few years ago.

    Maybe someone should ask Director Comey. He can be quite a chatterbox on investigations, when he feels like it.


  3. - 618er - Friday, Jan 6, 17 @ 12:28 pm:

    I presume if convicted, some if not most, of his legistator’s pension would be forfeited. Wasn’t that the case with one of our previously incarcerated Governors.


  4. - Juice - Friday, Jan 6, 17 @ 12:28 pm:

    Pretty sure this is a GARS specific issue. For everyone else, I think once tier 1 always tier 1 generally applies.

    It also appears from the statute that Frank would have had to elect to have the salary limits apply to him, I don’t think the system has been empowered to do it automatically.

    (So those rear-covering paper-pushers may not actually be covering their rear depending on when Mautino made the election.)


  5. - cdog - Friday, Jan 6, 17 @ 12:31 pm:

    If SRS made such a simple error with one data file (Mautino), it seems reasonable to suggest that there could be some similar errors.

    Might be $billions!

    The Auditor General should special audit this question at SRS. /.5snark


  6. - Anonymous - Friday, Jan 6, 17 @ 12:36 pm:

    To anon @ 12:20. My same thoughts as well. Once you are in Tier 1, you remain in Tier 1 for any reciprocal system after the original system certifies. . .unless there’s a different provision for legislators.


  7. - Michelle Flaherty - Friday, Jan 6, 17 @ 12:37 pm:

    In related news, the State Retirement System corrected a long standing math error in the overall pension system. The unfunded liability of the systems actually stands at $111, not $111 billion.
    The system regrets the error.


  8. - Anonymous - Friday, Jan 6, 17 @ 12:38 pm:

    Not good. Unfortunately, stories like this one seem to get applied to everyone who receives a state pension and thus, they are the enemy. According to some, any/every state pensioner is living the life–yachts, European imports, luxury vacations. Hah. They need to seem my benefit and my bills. Of course, they’d believe I’m the outlier.


  9. - J - Friday, Jan 6, 17 @ 12:39 pm:

    I think there is still something not quite right here. The interpretation on who is Tier One used to be that even if you had one day of creditable service (like you subbed for a day), you’d be Tier One in any reciprocal system. However, GARS actually has more like five tiers:
    - Tier One: Gets accrued COLA and last day rate of pay
    - Tier Two: Doesn’t get accrued COLA
    - Tier Three: Gets last day rate of pay, but it can’t be higher than the highest GA salary
    - Tier Four: Gets final average salary over a four year average.
    - Tier Five: The much-lower tier they put in place in 2010, similar to what we commonly call “Tier Two” for everyone else.

    So this is my guess of the real story here, which may or may not be true: Mautino started in the 87th GA. Tier three was added in the 86th GA. (I’m copying the statute below.) I bet SRS calculated him at his AG salary instead of as the highest GA salary. I could be totally wrong.

    (Text of Section WITHOUT the changes made by P.A. 98-599, which has been held unconstitutional)
    Sec. 2-108. Salary. “Salary”:
    (1) For members of the General Assembly, the total compensation paid to the member by the State for one year of service, including the additional amounts, if any, paid to the member as an officer pursuant to Section 1 of “An Act in relation to the compensation and emoluments of the members of the General Assembly”, approved December 6, 1907, as now or hereafter amended.
    (2) For the State executive officers specified in Section 2-105, the total compensation paid to the member for one year of service.
    (3) For members of the System who are participants under Section 2-117.1, or who are serving as Clerk or Assistant Clerk of the House of Representatives or Secretary or Assistant Secretary of the Senate, the total compensation paid to the member for one year of service, but not to exceed the salary of the highest salaried officer of the General Assembly.
    However, in the event that federal law results in any participant receiving imputed income based on the value of group term life insurance provided by the State, such imputed income shall not be included in salary for the purposes of this Article.
    (Source: P.A. 86-27; 86-273; 86-1028; 86-1488.)


  10. - Katiedid - Friday, Jan 6, 17 @ 12:42 pm:

    Tier 1 status is reciprocal between all of the reciprocal systems *except* the Judges and General Assembly systems. For those two systems, your status in another system doesn’t make you Tier 1 in either of those and the reverse is also true - Tier 1 status in JRS or GARS does not make you Tier 1 in any of the other systems.


  11. - blue dog dem - Friday, Jan 6, 17 @ 12:44 pm:

    Michelle…my belle. Priceless


  12. - Federalist - Friday, Jan 6, 17 @ 12:53 pm:

    * “Look, Mautino still has a whole lot of explaining to do. I won’t make any excuses for him at all. It would be nice, however, if the feds expedited this inquiry so we could find out if our auditor general was sloppy, or crooked, or whatever.”

    That sums it up quite well. I am not confident that if an investigation is held that the citizenry will ever find out about the results unless Capitolfax does it.


  13. - Steve Schnorf - Friday, Jan 6, 17 @ 1:06 pm:

    Frank told me about this error at least 2 months ago. Like always the “news” that screws you travels a lot faster than the truth


  14. - RNUG - Friday, Jan 6, 17 @ 1:23 pm:

    I can see how such a mistake might happen. Should not have, but when you start crossing between systems and the rules are a lot different, it’s understandable. I know I wouldn’t have tried to calculate it.


  15. - Grandpa - Friday, Jan 6, 17 @ 1:35 pm:

    I like Frank, I’m going to go out on a limb and say he is innocent until proven guilty.


  16. - Anonymous - Friday, Jan 6, 17 @ 1:40 pm:

    If “Frank” is innocent, he’s guilty of doing the worst job possible of credibly making that case he IS innocent.


  17. - Bruce (no not him) - Friday, Jan 6, 17 @ 2:44 pm:

    So, did he actually collect any extra money?
    If not, kinda a non-issue. They found it, corrected it, no harm no foul.


  18. - justacitizen - Friday, Jan 6, 17 @ 3:11 pm:

    I agree with Rich that the biggest problem is how long this alleged misdeed has gone on with no resolution. Mautino’s continues to sign off on audits of state agencies issuing audit findings for similar and often not as egregious as the act he is accused of.


  19. - Arthur Andersen - Friday, Jan 6, 17 @ 3:11 pm:

    There was an old joke about “only 4 people really understand the State education funding formula-don’t ever let them all fly on the same plane.”

    I think there are less than 4 that fully understand the GARS Article of the Pension Code and its interaction with the reciprocal act. AA is not one of that group. RNUG, I wouldn’t have tried to pencil it out, either.


  20. - Steve Schnorf - Friday, Jan 6, 17 @ 3:15 pm:

    Citizen, I haven’t seen him accused of anything. What have you heard that he is accused of, and by whom?


  21. - Perspective please - Friday, Jan 6, 17 @ 3:17 pm:

    =If not, kinda a non-issue. They found it, corrected it, no harm no foul.=

    Truer words have not spoken on this thread. From what I understand, this was just an estimate and no money went out the door.


  22. - steve schnorf - Friday, Jan 6, 17 @ 9:07 pm:

    No, Bruce, not a non-issue. He got his chops busted for it, his motives questioned, and his integrity in the public eye got smeared. Not a non-issue at all.


Sorry, comments for this post are now closed.


* Isabel’s afternoon roundup
* Pritzker says he 'remains skeptical' about Bears proposal: 'I'm not sure that this is among the highest priorities for taxpayers' (Updated)
* It’s just a bill
* It sure looks like lawmakers were right to be worried
* Flashback: Candidate Johnson opposed Bears stadium subsidies (Updated x2)
* $117.7B Economic Impact: More Than Healthcare Providers, Hospitals Are Economic Engines
* Open thread
* Isabel’s morning briefing
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Live coverage
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............


Loading


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller