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Report Shows U of I VP Defends Enhanced Pension

An administrator who retired after years as the University of Illinois' vice president for business and finance is drawing a pension under a more lucrative formula intended for university police and firefighters, instead of the formula used for regular university employees.

As a result, Craig Bazzani was able to retire with full benefits in 2002 at age 55. He's gotten about $365,000 more in pension payouts over the last decade than he would have under the regular formula.

Bazzani says he deserves his pension because he coordinated security at board meetings, worked with auditors on internal investigations and did other police-like duties. He says he's never done anything unethical.

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