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Johnson, Richard W.; Southgate, Benjamin G. – Urban Institute, 2014
The financial problems afflicting the Illinois teacher pension plan have grabbed headlines. An equally important problem, though underappreciated, is that relatively few teachers benefit much from the plan. This report evaluates the pension benefits provided to Illinois public school teachers. The researchers project annual and lifetime pension…
Descriptors: Retirement Benefits, Teacher Retirement, Public School Teachers, Teacher Salaries