Illinois has more educators, less students than ever, yet officials complain about a ‘teacher shortage’ – Wirepoints
Illinois education officials continuously claim there’s a teacher shortage across the state. Yet data from the state’s own Illinois Report Card shows that hiring at schools has been booming over the last 25 years, especially when you consider that student enrollment has been shrinking at the same time.
Maybe the pension fund’s goal is that the city hands over the airport (and many other assets in the future) to them for free. This will then temporarily increase the assets of the fund thus reducing the unfunded liability percentage. Then after a short time the pension fund will sell back the airport to the city with a handsome profit. On the books this will be a Win-Win for the pension fund and the city except for the taxpayers who will be footing the entire transaction costs without any say in the matter whatsoever!!