Teachers’ Pension A Big Issue For Chicago

The teachers pension fund is paying out more than $1 billion in benefits a year — much more than it has been taking in — and experts say the fund could collapse within a few years.

Topics:  teachers pension   fund   
BING NEWS:
  • Fremont voters to weigh Measure L, $296 school district parcel tax
    Officials say the school district, among the lowest funded per student in the county, needs the money as it is dealing with rising costs, including paying teachers higher salaries and wrangling with ...
    02/21/2020 - 8:00 am | View Link
  • Teachers unite to fight 'unfair' pay
    Members of the Teachers Union of Ireland stood together outside schools in the New Ross district on Tuesday fighting for the rights of 'new entrants' to teaching, who could lose out on €100,000 in pay ...
    02/14/2020 - 11:12 am | View Link
  • Election year politics? GOP pushing pay raises for teachers and state workers
    TALLAHASSEE — In what some see as classic election year politics, Florida’s ruling Republicans are wrestling with a rare, almost billion-dollar issue — pay raises for two of the state ...
    02/9/2020 - 7:12 am | View Link
  • GOP pushes pay raises for teachers, state workers in Florida: Genuine or election year politics?
    In what some see as classic election year politics, Florida’s ruling Republicans are wrestling with an almost billion-dollar issue – pay raises for two of the state Democratic ... increases in only ...
    02/9/2020 - 5:01 am | View Link
  • Sign of election year? GOP pushing pay raises for teachers and state workers
    TALLAHASSEE — In what some call a sure sign of an election year, Florida’s ruling Republicans are wrestling with a rare, almost billion-dollar issue — pay raises for ... and lost 3 percent of their ...
    02/9/2020 - 2:13 am | View Link
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BING SEARCH:
  • 3.11 Pensions: How Good is a Teacher's Pension? | ED100
    Teachers aren't lavishly paid, but each year of teaching comes with a significant promise toward a financially secure retirement. It is easy to underestimate the value of the pension system in the "big picture" of teacher compensation. Teacher pay is better than it looks A teacher's total pay is better than it looks.
    02/21/2020 - 11:21 am | View Website
  • The Coming Pension Crisis Is So Big That It's A Problem ...
    The pension funding gap is a problem for everyone. ... The Coming Pension Crisis Is So Big That It's A Problem For Everyone ... today’s students are paying to keep benefits flowing to retired ...
    02/21/2020 - 12:23 am | View Website
  • Public sector pensions mess could lead to bigger payments ...
    T he pension prospects of more than six million teachers, ... One big issue was whether the changes should be applied just to new members of these schemes or to everyone including existing members ...
    02/20/2020 - 6:18 pm | View Website
  • Are teacher pensions really that high? Pension puzzles part I
    The second short career issue is that many teacher pensions are rigged up to give disproportionately high payments to very long service teachers at the expense of quite low payments to teachers...
    02/19/2020 - 2:44 pm | View Website
  • Why Teachers Aren’t Getting Their Pensions
    In the typical state, a teacher who changes careers (or, in some cases, moves to a different state to teach) sacrifices $5,000 a year in pension benefits, according to one analysis.
    02/18/2020 - 11:32 am | View Website
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