The Outrageous Cook County Employee Retirement Package - Following years of consternation about whether cook county’s two main pension funds would fulfill its obligations to its 39,000 employees and retirees, county leaders are. Three percent compounded colas that double pension benefits after 25 years in retirement, a majority of workers being able to draw pensions while still in their 50s, and. Employees of cook county become eligible for a pension when they’ve worked for cook county at least 10 years. At 10 years you are vested and eligible for pension benefits with some. The cook county pension fund provides pension, disability and other benefits to employees of both cook county and the forest preserve district. While the county fund and the forest. Cook county officials say a “surprise” legislative proposal from the cook county pension fund to increase payments in the coming years would cost $266. 68 million more. Cook county ofers a competitive employee benefits package and remains committed to ofering benefits at the most afordable cost to employees. The county provides some benefits at no. Employees should carefully review their plan enrollments, dependent coverage, estimated annual health care expenses and contribution per paycheck when selecting health benefits during. Upon retirement, you can elect cobra coverage to continue your participation in the county’s active employee health benefits plan for up to 18 months.
Following years of consternation about whether cook county’s two main pension funds would fulfill its obligations to its 39,000 employees and retirees, county leaders are. Three percent compounded colas that double pension benefits after 25 years in retirement, a majority of workers being able to draw pensions while still in their 50s, and. Employees of cook county become eligible for a pension when they’ve worked for cook county at least 10 years. At 10 years you are vested and eligible for pension benefits with some. The cook county pension fund provides pension, disability and other benefits to employees of both cook county and the forest preserve district. While the county fund and the forest.