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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 State Universities Retirement System, or SURS, is an agency in the U.S. state of Illinois government that administers retirement, disability, death, and survivor benefits to eligible SURS participants and annuitants. Membership in SURS is attained through employment with 61 employing agencies, [1] including public universities, community ...
The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees. [1]
A total of 2,346,109 Illinois residents were enrolled in Medicare in 2023. The average Medicare Advantage monthly premium decreased by an average of $0.18 in Illinois compared with last year ...
Increase your retirement savings contributions First off, if you have a 401(k) , consider upping your contributions; if possible, try to take advantage of your full employer match. Remember, even ...
The Illinois Department of Human Services ( IDHS) is the department [1] [2] of the Illinois state government responsible for providing a wide variety of safety net services to Illinois residents in poverty, who are facing other economic challenges, or who have any of a variety of disabilities. As of 2006, it was the largest administrative ...
The Legislature revived efforts to consider legislation funding K-12 education with a new model and a bill to revise the state retirement system. MS lawmakers revive bills to fund K-12 education ...
Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail. ... The right retirement state of mind can boost your savings, analysis finds. Kerry Hannon.