Dennis Hastert is going to prison for a federal financial crime linked to sex abuse, but he gets to keep his state legislative pension. The former teacher turned state lawmaker turned U.S. House speaker was sentenced for bank fraud Wednesday. The crime stemmed from alleged sexual abuse of children while he was a wrestling coach at an Illinois high school.
Shortly after his sentencing the Illinois Teachers Retirement System terminated his pension. But State Employees Retirement System Executive Secretary Tim Blair says Hastert will keep his General Assembly pension.
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Hastert served six years in the Illinois House in the 1980s and gets an annual pension of $28,000. With about 16 percent funding, the General Assembly Retirement System is in the worst financial shape of the state’s five systems.