Recent News About Chicago Teachers' Pension Fund
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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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Without reform, Illinois’ pension problem will continue to force tax hikes while crowding out the core services residents need.
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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.