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In 1947, the Illinois legislature required the IMRF staff to participate as members of the system. 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 ...
TRS members fall into the following categories: active, inactive, annuitant, and beneficiary. Active members are full-time, part-time, and substitute Illinois public school personnel employed outside the city of Chicago in positions requiring licensure by the Illinois State Board of Education. Persons employed in certain state agencies and ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
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.
In all states but Hawaii, primary and secondary education (collectively known as K–12) are provided by school districts, while the state education agency handles only matters of statewide concern such as curriculum standards. In the state of Hawaii and all inhabited federal territories, the state education agency or the equivalent territorial ...
(The Center Square) – A former McLean County Board candidate is urging government employees to come forward ahead of an Illinois State Board of Elections hearing concerning an ethics complaint.
The board sets educational policies and guidelines for public and private schools, preschool through grade 12. It analyzes the aims, needs and requirements of education and recommends legislation to the Illinois General Assembly and Governor for the benefit of the more than 2 million school children in the state. [1]
(The Center Square) – The rules for the 104th Illinois General Assembly are now in place despite House Republicans urging for changes to make things more fair for the minority party.