Issue Brief: Shifting the Normal Cost & Employer "Pick-Ups" for Teachers
Release: March 7, 2012
This Issue Brief provides an overview of school districts contributions to the Teachers Retirement System, facts concerning the issue of employer pick-ups, and how shifting the responsibility for paying for teacher pensions would impact school districts.
Taxing Retirement Income
Release: April 5, 2011
Illinois does not currently tax pensions or retirement funds such as 401(k) plans. This Fact Sheet provides an estimate how much revenue could be generated by taxing some retirement income.
Politics Over Policy: Swift 'Reform', Questionable Savings, Delayed Consequences
Release: January 25, 2011
Information on Public Act 96-1495, which created a second, reduced pension benefit tier for Illinois' public retirement systems
Testimony to the Pension Modernization Task Force, Funding Subcommittee
Release: August 26, 2009
CTBA's August 2009, testimony to the Pension Modernization Task Force, Funding Subcommittee.
HB 3798 of the 96th General Assembly
Release: July 15, 2009
Fact Shee on House Bill 1292 of the 96th General Assembly, which would have amended the General Assembly Retirement System (GARS) Article of the Illinois Pension Code to create a defined contribution plan for new members