Teachers Retirement System

The Illinois Supreme Court heard arguments Tuesday from a man who earned a state teacher pension after substitute teaching -- for one day. David Piccioli…

When school districts outside of Chicago negotiate contracts, they do so with the assurance that the state will pick up the tab on pensions. To control…

A recent report shows Illinois is facing a teacher shortage. But changes to teachers’ pensions — including cutbacks on the state’s share of contributions…

The Illinois state pension funds are among the worst-funded in the nation. Yet, a new state law allows less money to be put toward that purpose. The…

Between a new state pension plan and Gov. Bruce Rauner's amendatory veto of the Democrats' school funding plan, some school districts would be in for a…

The future of state funding for Illinois schools is still up in the air Monday afternoon. The fight over Senate Bill 1 — legislation that would overhaul…

Normally when I report on Illinois school funding, the story involves some task force or legislation trying to make our system more equitable. I always…

Illinois' already strained bank account will be stretched by another $4.6 billion because of action taken by the state government's largest pension…

It's a rare occurrence of late: A credit rating agency saying something positive about Illinois' finances. But the comment published Tuesday by Moody's…

The Illinois Teachers Retirement System voted last week to reduce the amount of money it assumes it will make from its investments. The board revised this…