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

Hinsdale school board poised to sign teacher contract full of pay raises … and the public has barely had a chance to see it

By Paul Kersey
10/20/2014
The school board in Hinsdale Township High School District 86 is expected to approve a contract with the local teachers union this week, despite the fact that the school board refused to make the terms of this agreement available to the public. Luckily, on Oct. 19, the contract was obtained by the Illinois Policy Institute...

TAGS: contract, District 86, Hinsdale, negotiations, public, strike, teacher salaries

What Illinois Policy Institute’s pension plan means for teachers

By Ted Dabrowski
11/15/2013
The pension crisis has left teachers at risk of losing everything they’re counting on for retirement. Teachers deserve choice and control over their future. The Illinois Policy Institute supports freeing teachers from the bad choices of unpredictable Illinois politicians. Here’s our approach for treating everybody fairly: Pension benefits earned to date are paid. Going forward,...

TAGS: 401(k), education, pensions, teacher salaries