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A battle is under way for the future of Ohio’s $94 billion teacher pension fund, as would-be reformers’ attempts to deliver long-promised benefits to retirees with the help of an aggressive ...
Ohio's teachers pension fund is navigating turbulent times. Its meetings are testy, the director is on paid leave, and the board control is shifting. Ohio's teacher pension fund faces major ...
The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...
The largest teacher's pension system in Ohio wants to increase how much school districts pay into the retirement system, which would cost taxpayers an additional $533 million a year.
The Illinois General Assembly created the Teachers’ Retirement System of the State of Illinois (TRS or the System) in 1939 for the purpose of providing retirement annuities, and disability and survivor benefits for educators employed in public schools outside the city of Chicago. The System's enabling legislation is in the Illinois Pension ...
The Indiana State Teachers’ Retirement Fund ( TRF) was created by the Indiana General Assembly in 1921. Today, TRF manages and distributes the retirement benefit of educators in all public schools, as well as some charter schools and universities, throughout Indiana. Headed by a governor-appointed executive director, as well as a six-member ...
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 ...
Oklahoma Teachers' Retirement System. Oklahoma Teacher's Retirement System (OTRS) is the pension program for public education employees in the State of Oklahoma. As of June 30, 2014, the program had nearly 168,000 members. [1] Public education teachers and administrators are required to be OTRS members; support staff can join voluntarily. [1]