Convicted Ex-Treasurer Could Lose Pension
EDWARDSVILLE, Ill. (AP) – A Metro-East state’s attorney has moved to terminate the $90,000-a-year pension for a former county treasurer convicted of rigging tax liens.
Ex-Madison County Treasurer Fred Bathon pleaded guilty in February to rigging 2005-2008 tax lien auctions so his political donors could profit from inflated penalties paid by property owners. He was sentenced last week to 30 months in federal prison and ordered to pay a $20,000 fine.
The (Alton) Telegraph reports (http://bit.ly/19niz7h ) Madison County State’s Attorney Tom Gibbons has started the process of eliminating Bathon’s pension.
Under state law, Gibbons had to wait for sentencing to file the documents with the Illinois Municipal Retirement Fund.
Rep. Dwight Kay is a Republican from Glen Carbon. He’s introduced legislation to cut off pensions at the time of conviction, rather than sentencing.
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