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Download full textAldeman, Chad; Rotherham, Andrew J. – Bellwether Education Partners, 2014
To shore up the $46 billion pension debt the state has accrued over the past several decades, Illinois has been using its teachers as a piggy bank. New legislation adopted in December 2013 will raise the retirement age for mid-career workers and limit the amount retiree pensions can increase with inflation over time. State and national union…
Descriptors: Teacher Retirement, Retirement Benefits, State Legislation, Teaching Experience
