Rod Blagojevich’s state pension refund was lightened today by nearly $22,000 Thursday.
According to documents filed today in U.S. District Court, the state retirement system reported the balance in Blagojevich’s account was $129,167.86. In order to satisfy a judgment from the former governor’s recent criminal trial, the fund was docked $21,800.
The pension fund account balance represented Blagojevich’s contributions to the General Assembly Retirement System. He will not be drawing his full pension, thanks to an opinion from Attorney General Lisa Madigan that he was now ineligible because of his criminal conviction.
But Blagojevich can claim the actual contributions he made to the account. Subtracting the penalty claimed by the courts, Blagojevich and his family are left with $107,367.86
The decision on Blagojevich’s state retirement does not affect the federal pension he accrued during six years in Congress.