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.
Heres 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.
I’ve lived in Illinois all my life. Biggest mistake I made was not getting a job with the State as soon as I got out of school. I’d be living on easy street right now if I had done that back then.