- Rising Costs and Pension Fears Push Illinois Educators to Exit🔍
- Majority of Illinois educators consider leaving profession🔍
- Chicago has proposed consolidating local and state pension funds ...🔍
- Illinois pension crisis would devour 'millionaire tax'🔍
- Majority of Illinois' public educators say they're considering leaving ...🔍
- The Illinois Teacher Pension Crisis Impact On Illinois Teacher Attrition🔍
- What's at the heart of the turmoil at Chicago Public Schools? Money🔍
- Majority of Illinois teachers considering leaving education🔍
Rising Costs and Pension Fears Push Illinois Educators to Exit
Rising Costs and Pension Fears Push Illinois Educators to Exit
Illinois educators face rising costs, pension worries, and heavy workloads, prompting many to consider leaving the profession.
Majority of Illinois educators consider leaving profession - WIFR
(WIFR) - Empty desks ...
Chicago has proposed consolidating local and state pension funds ...
Chicago Public Schools wants to consolidate the Chicago Teachers' Pension Fund with the state Teachers' Retirement System to cut costs.
Illinois pension crisis would devour 'millionaire tax'
Even under the most generous revenue assumption, the proposal would still be $570 million short of raising enough revenue for the state to begin ...
Majority of Illinois' public educators say they're considering leaving ...
SPRINGFIELD – Today, the Illinois Education Association (IEA), the largest education organization in Illinois, released data from a Red for ...
The Illinois Teacher Pension Crisis Impact On Illinois Teacher Attrition
The nationwide teacher shortage, conjoined with the rapidly growing challenges of its pension crisis, make Illinois susceptible to decreased numbers in the ...
What's at the heart of the turmoil at Chicago Public Schools? Money
Another looming cost is pensions for non-teaching staff. Former Mayor Lightfoot shifted a portion of pension costs onto the district in 2020 ...
Majority of Illinois teachers considering leaving education, survey finds
Nearly 60% of Illinois Education Association members are considering leaving their profession, according to a survey taken this summer by the state's largest ...
With pandemic aid expiring, Illinois schools face financial cliff
These funds must be committed by September 2024 and spent by January 2025, raising questions on the sustainability and impact of new, federally ...
Illinois tamps down 'pension spiking' for teachers; educators fear ...
... end-of-career raises to 3 percent. Anything higher, and the school district has to pay a penalty to offset the higher pension costs. People ...
Illinois government workers who switch careers can lose big chunk ...
Nearly two-thirds of new public school teachers in Illinois will leave their jobs before qualifying for a pension. New teachers have to work ...
Tension over Chicago Public Schools' budget spills to City Council
CPS' decision not to include the pension costs in its initial budget is a “hit to our bottom line,” Ervin said. “That either equates to cuts in ...
Illinois' high tuition costs adding to its growing outmigration
“For fiscal year 2024, pensions will consume about 43 cents for every dollar spent on higher ed,” he said. “So that suggests that in-state ...
Rising Pension Costs Play Role in Teacher Protests Across US
Additional contributions are not padding the benefits of current teachers. The bulk of the money that school districts spend on the Public ...
VOICES OF ILLINOIS EDUCATORS ON WHY THEY LEAVE OR ... -High school mathematics teacher. Page 24. 22 Voices of Illinois Educators. Conclusion.
Teacher Pensions Blog | TeacherPensions.org
States have also cut benefits for new members. As extreme examples, newly hired teachers in Illinois and Ohio are now receiving a negative ...
Long Building, Chicago Schools' Fiscal Crisis Reaches Boiling Point
Mounting Pension Costs ... Due in part to legacy liabilities, payments to the Chicago Teachers' Pension Fund have been rising, eating up more of ...
Gov. Pritzker Advances Fiscal Responsibility, Invests in Working ...
Improving educational attainment and retention is assisting private industry to overcome the Illinois workforce shortage—and it's also having a ...
New agreements will help alleviate substitute shortage
Last year, the Illinois Pension Code was amended to allow retired teachers to return to full-time employment at CPS in subject matters where ...
Illinois House and Senate Pass “Unhappy” Pension Reform Bill ...
“Teachers, caregivers, police, and others stand to lose huge portions of their life savings because politicians chose to threaten their ...