FROM THE ARTICLE:
Some of Illinois’ K-12 schools are spiking salaries and padding pensions. Data reveals nearly 30,000 teachers and administrators earned $100,000+ incomes. However, just 20,295 of those educators are currently employed; the other 9,305 are retired, resting on six-figure pensions.
Here’s how it breaks down in two of 900 school districts. Just 1,236 of the 2,147 educators with $100,000+ incomes are currently working.
In Township High School District 214, there were 500 retirees receiving six-figure annual pensions in addition to 640 working educators.
In Palatine Township High School 211, while 596 educators earned a six-figure salary, 491 retirees received six-figure lifetime pensions.
But it’s the fault of hard working, American taxpayers that there are multiple generations of ‘underserved’ groups in Illinois....Uh huhhhh!
I grew up in IL. A gal I knew as a youth retired at age 48 from a teaching career. She and her husband were both public school teachers, retired under age 50. Their combined salary from about 2014 was close to $200,000. I expect their lifetime pensions are a good percentage of that figure.