SPRINGFIELD — Some Illinois taxpayers are being asked to shell out more for teachers’ retirement payments than others. A new study by the Illinois Policy Institute, a free market think tank, said teachers in 416 of Illinois’ 867 school districts, not including Chicago, didn’t contribute anything to the Illinois Teachers’ Retirement System, or TRS, for [...]
Double-dipping in the teachers’ pension system
October 11, 2011 By
SPRINGFIELD — Michael Johnson didn’t wait until he retired as executive director of the Illinois Association of School Boards to start cashing in on his public pension. Johnson earned $324,785 in compensation from the Illinois Association of School Boards, or IASB, while simultaneously collecting $209,379.43 from the Illinois Teachers’ Retirement System between July 1, 2007, [...]
Video: Education Unions, Public Pension
October 11, 2011 By
More on an Illinois Statehouse News story on how education union leaders will get public pensions for their time in private unions.
