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  • Teacher Early Retirement

    Hot Topics > Teacher Early Retirement



    Related Information


    Paying retirees without draining state
    10/24/2005 -

    Daily Herald
    Chicago -- The Civic Federation is concerned by a number of statements in the Chicago Tribune article "Pension plan changes hit educators in pocketbook" (Metro, Oct. 14).
    Read more...

    Pension plan changes hit educators in pocketbook
    10/14/2005 -

    Chicago Tribune
    After nearly 30 years in the classroom, 3rd-grade teacher Lori Hassler is taking early retirement at the end of this school year because of health concerns. But she's anxious about her pension.
    Read more...

    Ex-school official concerned about retirement fund
    9/11/2005 -

    Daily Herald
    If you know former St. Charles school district Superintendent Don D’Amico, you know he’s rarely at a loss for words when it comes to the current — and future — state of education.
    Read more...

    Letter to the Editor: Don’t take teachers’ retirement money
    6/13/2005
    Gov. Rod Blagojevich should get out of the “Chicago box” and work for all the people of Illinois!
    Read more...

    Teacher retirement plan to change
    5/31/2005 -

    Peoria Journal Star
    SPRINGFIELD - Proposed changes to the state's pension systems would retain the Early Retirement Option, a program that lets teachers retire ahead of schedule while still receiving their full pensions. "The Early Retirement Option is staying, but it's staying a little different," said Rep. Robert Molaro, a Chicago Democrat who outlined the proposal Friday. "It's going to be a little more expensive for the teacher to retire."
    Read more...

    Teachers to feel the pinch of pension bill
    5/31/2005 -
    Kankakee Daily Journal
    SPRINGFIELD -- The state is reining in what it's willing to pay for the pensions of Illinois educators who get hefty end of career pay hikes, but teachers will keep their popular early retirement incentive program: they'll just have to fund it themselves.
    Read more...

    Letter to the Editor: Playing games with teacher pensions
    5/25/2005 -

    Chicago Tribune
    Aurora -- Why is that teacher pensions are among the first things our state legislators look to cut whenever the threat of a budget shortfall arises? Granted there have been abuses in some state pensions over the years and some school districts have provided administrators with outlandish "sweetheart deals."
    Read more...

    Ripe for change?
    5/22/2005 -

    Quincy Herald Whig
    As Illinois legislators ponder possible reforms in the state's teacher pension system, attention is being focused on the practice of giving generous end-of-career pay raises like those meted out in the Quincy School District.
    Read more...

    Teachers: Madigan is holding up our future
    5/2/2005 -

    Peoria Journal Star
    Illinois' top Democrat is hesitant to renew 'costly' early retirement option

    SPRINGFIELD - In former state Rep. Ricca Slone's campaign headquarters, it became a standing joke that her campaign manager would name his first-born child "ERO."

    The child's namesake would be the Early Retirement Option, an initiative that allows teachers to retire a few years earlier and still claim their full pensions. But that option expires June 30 unless the General Assembly passes another version.
    Read more...

    Editorial: Early retirement hits hard
    4/13/2005 -

    Belleville News Democrat
    Illinois' public schools are getting squeezed again. State lawmakers may end the early retirement program for teachers and superintendents this year. They want to do it for sound financial reasons. The state estimates that it would cost $870 million to extend the early retirement program for five more years.
    Read more...

    Teacher retirements may rise; State will see increase if it cuts program
    4/13/2005 -

    Bloomington Pantagraph
    SPRINGFIELD -- Sue Miller's looming retirement will give her more time to golf, read and pursue her talents as a flute player. But the Bloomington music teacher's decision to leave the classroom after 20 years wasn't based only on those factors.
    Read more...

    Illinois teachers retiring in droves; Schools face huge bills and brain drain
    4/12/2005 -

    Belleville News Democrat
    Third-grade teacher Toni Marvich isn't retiring this year because she needs a rest or has exciting travel plans in store.
    Read more...

    Letter to the Editor: Funds taken for education part of teachers' retirement
    3/18/2005 -

    Decatur Herald & Review
    I think it is important for the public to understand how the governor's proposal to sweep excess funds into the education fund relates to the Teacher Pension Fund. This is clearly a danger, because in the last fiscal year $4.5 million was already taken.
    Read more...

    Letter to the Editor:Teacher pension `reform' would be mistake
    3/11/2005 -

    Chicago Tribune
    Green Oaks, Ill. -- I am a public school teacher with over 30 years of experience and am currently eligible to retire under the early retirement option, a program that lets teachers under age 60 retire early with full benefits. I may be ineligible to retire if the current law is not continued.
    Read more...

    School Board says pensions are too high, wants refund
    1/25/2005 -

    Chicago Tribune
    A feud over Chicago teacher pensions spilled into court Monday, with the Board of Education asking a judge to stop overpayments to some 5,000 retirees.
    Read more...

    Teachers may have to repay pensions
    1/21/2005 -

    Chicago Tribune
    In a move sure to rile retirees, Chicago Public Schools officials want some 5,000 former teachers and administrators to return at least $9.4 million in pension payments.
    Read more...

    Letter to the Editor: Teaching's costs
    1/18/2005 -

    Chicago Tribune
    As a "career changer," I can relate to Leslie Mann's "Lessons from life; Career changers bring fresh perspective to teaching" (Education Today section, Jan. 9).
    Read more...

    Letter to the Editor: Only the brightest
    1/7/2005 -

    Northwest Herald
    What used to be true in the 1950s and earlier no longer is true today. Education was to be the "great equalizer."
    Read more...

    Letter to the Editor: Here's why we share burden on education
    12/31/2004 -

    Daily Herald
    I, too, have enjoyed reading the debate between readers expressing their opinions on the underfunding of the teachers' pension fund.
    Read more...

    Letter to the Editor: Early retirement option is good policy
    12/26/2004 -

    Daily Herald
    There has been a lot of rhetoric emanating from the Statehouse lately, coinciding with newspaper editorials statewide, concerning the Early Retirement Option for teachers who belong to the Illinois Teacher's Retirement System.
    Read more...

    Letter to the Editor: Teachers face tough retirement choices
    12/23/2004 -

    Daily Herald
    In response to the letter written by Peter Kapischke in the Dec. 15 edition of the Daily Herald, I would like to provide additional information. Those of us who came to teaching after a long career in business have a decision to make at the time of retirement. It is against the law to collect from both Social Security and the Teachers' Retirement System at their full benefit amounts.
    Read more...

    Letter to the Editor: Few critics have facts on teacher pensions
    12/22/2004 -

    Daily Herald
    Everyone has an opinion about teachers' pensions - and very few seem to have the facts.
    Read more...

    Letter to the Editor: Align teachers with the private sector
    12/15/2004 -

    Daily Herald
    I see House Speaker Madigan wants to cut the perks of teachers retiring early. I think that is a great idea.
    Read more...

    Letter to the Editor: Story & editorial missed key elements
    12/15/2004 -

    Daily Herald
    Your recent article and editorial on the early retirement option (ERO) offered by the Illinois Teacher Retirement System contained several misconceptions and omissions, which led the reader to believe that the ERO is much more expensive than it really is.
    Read more...

    Letter to the Editor: State cannot afford this teachers' perk
    12/14/2004 -

    Daily Herald
    I never thought I would be cheering for Mike Madigan, the Illinois Democratic House speaker.
    Read more...

    Letter to the Editor: Legislators' perks exceed educators'
    12/14/2004 -

    Daily Herald
    I take issue with your editorial statement, "Few in the private sector have this perk, and it is one that taxpayers no longer should be asked to bear." ("Trim the cost of early retirement," Opinion page, Dec. 7).
    Read more...

    Hot Headlines: Teacher retirement
    12/7/2004 -
    Students First Illinois
    Should the state of Illinois continue to fund the early retirement option? The issue has gained momentum over the past couple of days after the House delayed a vote on a five-year extension of the program, which is estimated to cost $870 million.
    Read more...

    Editorial: Trim the cost of early retirement
    12/7/2004 -

    Daily Herald
    There's a case to be made for extending the state's early retirement program for teachers - but not without first making a few adjustments.
    Read more...

    EDITORIAL: Time to scrap teachers' early retirement plan
    12/6/2004 -

    Crain's Chicago Business
    The state of Illinois is saddled with a multibillion-dollar pension mess, the result of years of failing to set aside enough money to cover what at times have been magnanimous labor agreements.
    Read more...

    Editorial: End early retirement perk for teachers in Illinois
    12/6/2004 -

    Rockford Register Star
    In 1980 the state wanted to do something simple to help strapped local school districts.
    Read more...

    Teacher retirement perk on chopping block
    12/6/2004 -

    Daily Herald
    For years, Illinois teachers unions have provided millions of dollars in campaign contributions and a small army of volunteers to the Democrats' now-successful bid to control state government.
    Read more...

    Editorial: Perks in need of early retirement
    12/5/2004 -

    Chicago Tribune
    Illinois has added so many end-of-career sweeteners and incentives for suburban and Downstate teachers to retire early it's a wonder they all don't have tooth decay.
    Read more...

    Editorial: Early retirement benefits for teachers need a review
    12/5/2004 -

    Bloomington Pantagraph
    Illinois House leaders should force a look at public teacher retirement packages by not extending their Early Retirement Option -- at least for a few months.
    Read more...

    House leaders analyze the cost of teacher retirement program
    11/29/2004 -

    Belleville News Democrat
    Fearing the state may not be able to afford a program that lets teachers retire early with full benefits, Illinois House leaders have placed the program's proposed five-year extension on hold to analyze its costs.
    Read more...

    Strapped state eyes teacher perk
    11/29/2004 -

    Crain's Chicago Business
    An early-retirement program for teachers has become a fiscal millstone for the state of Illinois.
    Read more...

    State may retire teacher perk
    11/28/2004 -

    Chicago Tribune
    A program that lets teachers retire early with full benefits could be overhauled or cut altogether next year as legislators grapple with the ballooning costs of state-funded pensions.
    Read more...


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