All articles tagged Teachers Retirement System

The Illinois Supreme Court heard arguments Tuesday from a man who earned a state teacher pension after substitute teaching --  for one day. 

A recent report has shown Illinois is in the midst of a severe teacher shortage, particularly in the central part of the state. A panel of lawmakers took testimony on that topic today.

A recent report shows Illinois is facing a teacher shortage. But changes to teachers’ pensions — including cutbacks on the state’s share of contributions — spells uncertainty for anyone going into the profession.

The Illinois state pension funds are among the worst-funded in the nation.  Yet, a new state law allows less money to be put toward that purpose. 

Between a new state pension plan and Gov. Bruce Rauner's amendatory veto of the Democrats' school funding plan, some school districts would be in for a big hit in July 2020.