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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 ...
Semi-monthly — 18.0% — Twenty-four pay periods per year with two pay dates per month. Compensation is commonly paid on either the 1st and the 15th day of the month or the 15th and the last day of the month and consists of 86.67 hours per pay period. Monthly — 4.4% — Twelve pay periods per year with a monthly payment date.
Later in that same year, the Illinois legislature mandated participation by all Illinois school districts (except those located in the city of Chicago) and all their employees except those covered by the Teachers' Retirement System of the State of Illinois. Coverage of schools increased the number of employers in IMRF from 156 to 652 and the ...
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 ...
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At the time, Illinois state law required that all school districts in Illinois include at least 176 days in the school year. Lightfoot's decision broke this mandate, as the 2019–2020 school year was exactly 176 days long. Additionally, it was noted that teachers could lose pay if the strike days were not added back to the district calendar. [74]
American Teacher is a feature-length documentary created and produced by The Teacher Salary Project. Following the format of the book Teachers Have It Easy: The Big Sacrifices and Small Salaries of America’s Teachers, the film utilizes a large collection of teacher testimonies and contrasts the demands of the teaching profession alongside interviews with education experts and education ...
Paid leave already applies to airline workers in Chicago, which applies to any employee working at least 80 hours for a Chicago-based employer within any 120-day period.