A press release from Governor Bruce Rauner: Governor Announces Appointments SPRINGFIELD – Governor Bruce Rauner announced today he has made appointments to the Teachers’ Retirement System of Illinois and Illinois Workforce Investment Board. Position: Board Member – Teachers’ … Continue reading
Category Archives: TRS
State Rep. candidate Steve Reick’s latest post on his web site: Dance Band on the Titanic There’s an old saying that bad news comes in threes. It’s certainly true today for Illinois. First comes the news that Illinois’ insurance rates … Continue reading
After I received the press release (15 comments so far) about the contents of the contract from Crystal Lake District 155 last night, I submitted some questions. Those questions and the answers supplied are below: What will the starting salary be … Continue reading
From Reboot Illinois: 18. Norman Wetzel • Title: District Superintendent • Employer: CUSD 300 • Annual Pension: $246,521 • Employee Contributions: $179,203 • Age at Retirement: 55 (Retired June 2002) • Pension Paid to Date: $2.50 million • *Estimated Lifetime … Continue reading
The following email was sent to retired teachers yesterday: Welcome to July! As you know, Illinois’ state government begins fiscal year 2016 without a comprehensive state budget. As the stalemate in the state Capitol continues, we’d like to remind you … Continue reading
Taken from a statement from the Cary Elementary School Board:. Considering House Speaker Mike Madigan is insistent on transferring teacher pension costs to local taxpayers and this is the last week of the legislative session before extraordinary majorities are required, … Continue reading
The Daily Herald has figured out what the late former Huntley School Board member Larry Snow discovered in May two years ago. Taxpayers pick up the bulk, if not all, of the teachers’ side of pension payments to the Illinois … Continue reading
An email arrived from the Better Government Association’s Andy Shaw. It announces the unveiling of its data base of state and local governmental pensions. “We’ve updated the BGA Payroll Database of 500,000 government workers with 2012 numbers and, for the first time, … Continue reading
At the end of this money, Moody’s, the bond rating company, will start using lower estimated interest rates to calculate pension liabilities for state and local governments, according to the Washington Post. Pension gaps are expected to triple A more … Continue reading
I filed a Freedom of Information request with Illinois’ Downstate Teachers Retirement Fund. I came up dry and got a reply through an email. But, TRS also sent me a letter by Certified Mail I talked to them about it, … Continue reading
I have to say I am disappointed that Crystal Lake District 47 has no idea of how much it might cost to shift the financing of teacher pensions from state taxpayers to local taxpayers. In a Freedom of Information Request, … Continue reading
There is a gentleman named Mike Laird who often comments on teacher pension issues. He got me thinking about compensation. His basic argument is that when the majority of teachers in Illinois pay nothing or under 2% of the 9.4% … Continue reading
National Taxpayers United of Illinois President Jim Tobin held a press conference at McHenry County College on Wednesday in which he released pensions for the top 100 educators in the Teachers Retirement System. Yesterday, the highest pensioners were posted. All … Continue reading
The following pension data for McHenry County pensioners in the Teachers Retirement System was provided by Jim Tobin, President of National Taxpayers United of Illinois at his McHenry County College press conference Wednesday. All of the top fifty pensions exceed … Continue reading
OK, so the type above is too small to read. Click on the image to enlarge it or trust what I have typed below is accurate: Harvard CUSD is launching a campaign to eliminate the six percent limitation on TRS … Continue reading
OK, so the type above is too small to read. Click on the image to enlarge it or trust what I have typed below is accurate: Harvard CUSD is launching a campaign to eliminate the six percent limitation on TRS … Continue reading
In her Monthly Fiscal Report, Comptroller Stacie Talbert reported that Huntley School District 158 paid two tax penalties for March 31 and June 30, 2007 in the amounts of $824 and $4,018, respectively. This was done, “in order to avoid … Continue reading
In her Monthly Fiscal Report, Comptroller Stacie Talbert reported that Huntley School District 158 paid two tax penalties for March 31 and June 30, 2007 in the amounts of $824 and $4,018, respectively. This was done, “in order to avoid … Continue reading