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  2. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19

  3. Teachers' Pension Scheme - Wikipedia

    en.wikipedia.org/wiki/Teachers'_Pension_Scheme

    The previous year, the government had raised required contributions of school employers by 43%, but while free-state schools were covered, fee-charging private schools were not. The private schools instead argued they should cut teachers' pensions by around 20%, prompting the industrial action. [ 1 ]

  4. Teachers' Retirement System of the State of Illinois - Wikipedia

    en.wikipedia.org/wiki/Teachers'_Retirement_System...

    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 ...

  5. Unfunded Teacher Pensions Grow, of Course - AOL

    www.aol.com/news/2012-12-13-unfunded-teacher...

    The National Council on Teacher Quality (NCTQ) issued its annual State Teacher Policy Yearbook, in which its claims "teacher pension systems in the United States have almost $325 billion in ...

  6. Head of Ohio's teacher pension fund retires Sunday, saying ...

    www.aol.com/head-ohios-teacher-pension-fund...

    She retires Sunday after 31 years at STRS, one of the nation’s oldest and largest public pension funds. Its more than 500,000 members include active and inactive public school teachers and retirees.

  7. Indiana State Teachers' Retirement Fund - Wikipedia

    en.wikipedia.org/wiki/Indiana_State_Teachers...

    The TRF benefit consists of two parts: the monthly pension benefit and the Annuity Savings Account (ASA). [3] The monthly pension benefit is determined by salary history, years of service, age, and the retirement option selected. TRF members become vested in the pension benefit after 10 years of qualified Indiana service.

  8. Retired Chicago teacher returns to work to keep a roof over ...

    www.aol.com/finance/retired-chicago-teacher...

    The average 30-year fixed mortgage rate is hovering around 7%, which is a tough financial burden to bear, especially for those (like Campbell) on a limited retirement income.

  9. List of largest pension schemes in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_pension...

    The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments. [1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.