The Chicago Teachers’ Pension Fund is severely underfunded. A combination of pension holidays, statutory underfunding, benefit enhancements, optimistic assumptions and other long-term problems have all contributed to its condition.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
2%. 2% teacher contribution to retirement. 2%.
Please tell me again how taxpayers are only giving teachers what they are due?