Head of TRS says the state may need to reduce COLAs
Head of TRS says the state may need to reduce COLAs
After years of denying that the pension funds are in trouble, the head of the state's largest pension fund is finally acknowledging the crisis.
$203 billion and counting: Total debt for state and local retirement benefits in Illinois
$203 billion and counting: Total debt for state and local retirement benefits in Illinois
$203 billion and counting: Total debt for state and local retirement benefits in Illinois by Illinois Policy Institute
Understanding teacher pension “pick ups”
Understanding teacher pension “pick ups”
Increasing local pension accountability would increase each school district’s total costs by an average of 3.7 percent.