Madison - St. Clair News

Recent News About Chicago Teachers' Pension Fund

• CTU supports use of mock guillotine 'wherever' it was headed

  By Mailee Smith, Illinois Policy Institute | Monday, Aug 31, 2020 @ 3:04pm

  CTU members who don’t support the union’s violent rhetoric have another option: they can opt out of the union. But they must do so today if they want to stop paying dues this school year.

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• Pritzker’s $3.4B income tax hike can fund less than 4 months of state pension costs

  By Austin Berg and Adam Schuster, Illinois Policy Institute | Wednesday, Apr 3, 2019 @ 10:30am

  Without reform, Illinois’ pension problem will continue to force tax hikes while crowding out the core services residents need.

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• 11 things you need to know about Chicago teacher pensions

  By Ted Dabrowski and John Klingner, Illinois Policy Institute | Tuesday, Mar 8, 2016 @ 12:45pm

  Pension holidays, steep increases in teachers' salaries, and lopsided ratios of teacher contributions to pension payouts have caused the Chicago Teachers’ Pension Fund’s unfunded liabilities to shoot up to $9 billion in 2015.

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