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The Last-Year Lift: Pension Spikes and the Quiet Arithmetic of Patronage

The Last-Year Lift: Pension Spikes and the Quiet Arithmetic of Patronage

Illinois' pension databases tell a story the payroll records don't: salaries that leap 30, 40, even 60 percent in a final year of service, converting political loyalty into lifetime annuities. This is an argument for treating pension math as public math — in real time, not in retrospect.