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The Illinois General Assembly created the Teachers’ Retirement System of the State of Illinois (TRS or the System) in 1939 for the purpose of providing retirement annuities, and disability and survivor benefits for educators employed in public schools outside the city of Chicago. The System's enabling legislation is in the Illinois Pension ...
Chicago Teachers Union. The Chicago Teachers Union ( CTU) is a labor union that represents teachers, paraprofessionals, and clinicians in the Chicago public school system. The union has consistently fought for improved pay, benefits, and job security for its members, and it has resisted efforts to vary teacher pay based on performance evaluations.
The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees.
Instead, the gap between what teachers earn and all other jobs that require a college education is widening: The average teacher made $1,329 a week in 2022, about a quarter less than other college ...
A year ago, schools in those cities could afford to pay a first-year teacher between $48,000 and $50,282, depending on the district. Because of that pay gap, between 30 and 40 percent of teachers ...
Illinois might soon see a new stipend program for student teachers to be compensated while working. House Bill 4652 introduced by Rep. Barbara Hernandez, D-Aurora, would create a student teaching ...
Teachers Pay Teachers is an online marketplace and an American educational website for buying and selling educator resources. It focuses on a PreK-12 audience. It focuses on a PreK-12 audience. Founded in 2006 by Paul Edelman, a former New York City public school teacher, Teachers Pay Teachers has over 2.6 million active users with sales ...
The median U.S. teacher salary in the U.S. is just over $64,000, yet Americans need to earn an annual income of more than $113,000 to afford a median-priced home, according to a Redfin report ...