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Changes from the “Tier I” pension law include raising the minimum eligibility to draw a retirement benefit to age 67 with 10 years of service, initiating a cap on the salaries used to calculate retirement benefits, and limiting cost-of-living annuity adjustments to the lesser of 3 percent or half of the annual increase in the Consumer Price ...
The Chicago Teachers Union (CTU) is a labor union that represents teachers, paraprofessionals, and clinicians in the Chicago public school system. The union has advocated for improved pay, benefits, and job security for its members, and it has opposed efforts to vary teacher pay based on performance evaluations.
Davis Gates began her career teaching history in 2004 at Englewood Technical Prep Academy High School, a public school on the south side of Chicago, Illinois. [5] In 2008, the school was closed as part of a series of closures led by the CEO of Chicago Public Schools (CPS), Arne Duncan, Davis Gates attributes this as the moment she was "radicalized."
(The Center Square) – The Chicago Teachers Union is moving quickly to finalize a new contract with Chicago Public Schools. CPS and CTU have been without a contract since June 30, when the ...
A letter sent by an alderman to Illinois state authorities decries the degree to which school board members are allegedly involved in ongoing teacher contract negotiations and asks for an ...
Retired Chicago teacher returns to work to keep a roof over her head — how inflation is draining seniors’ nest eggs Bethan Moorcraft June 11, 2024 at 5:58 AM
To participate as a Tier 1 member, the employee must have started work with an IMRF employer on or before December 31, 2010. All other members participate in Tier 2. All IMRF Tier 2 plans have a less generous benefit structure as compared to Tier 1. The cost to provide a Tier 2 pension is more than 40% less than the cost of providing a Tier 1 ...
‘I didn’t want to be… homeless’: Retired Chicago teacher, 74, forced to return to work to keep a roof over her head — how you can keep inflation from draining your nest egg Moneywise ...