Tuesday, February 16, 2016

THE WATCHDOGS: CTA board retirees on pension gravy train

(Hat tip: KimR) - Valerie Jarrett was on the Chicago Transit Authority board for nearly eight years before becoming a top aide to President Barack Obama. Howard Medley was on the CTA board for a decade before he was convicted in a scheme involving a CTA fuel contract. Despite their divergent paths, the time Jarrett and Medley spent there proved lucrative to both of them...each came away with five-figure pensions that have cost the public transit agency a total of more than $3 million over 10 years, a Chicago Sun-Times and Better Government Association investigation has found. Read more at the Chicago Sun Times


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