Halleluja

Retirement board suspends DiMasi pension

By State House News Service
Thursday, October 29, 2009 -

The state Retirement Board voted today to suspend the pension of former House Speaker Salvatore DiMasi, who is battling public corruption charges. But under the vote, which was taken in closed executive session, DiMasi will receive $25,000 in pension payments dating back to June, with the suspension of his pension effective on November 1.

Treasurer Tim Cahill, who oversees the retirement board, administratively suspended DiMasi’s pension on June 9, seven days after his indictment on charges that he allegedly used his office to secure contracts aimed at enriching himself and three associates.