Nearly 40% of Illinois Education Spending Is Consumed by Pension Costs

 

(From Illinois Policy)

In the coming school year, 36% of the money the state allocates to education will be diverted away from teachers and students to meet required pension payments for retirees.

This represents a 200% increase in spending on teacher pensions since 2000, compared with a mere 20% increase on classroom spending during that period.

Click here for the article.

Source: https://www.ac2news.com/2019/08/nearly-40-of-illinois-education-spending-is-consumed-by-pension-costs/

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