Illinois needs to end the third-party payer problem for teacher pensions

By Michael Lucci
03/24/2017
Illinois’ teacher pension system is structured to allow local school boards to agree to generous contracts, knowing taxpayers across the state will foot the bill. This system should change so that local school boards cover their own pension costs. That way, they will bear the full cost of salary increases they decide on, rather than pushing much of that cost onto unaware state taxpayers.

TAGS: education, pensions, teacher salaries, TRS: Teachers’ Retirement System