Half of retired Chicago pensioners make more than average working Illinoisans, but nearly 30,000 teachers won’t be eligible for more than a contribution refund.
I am aware that my pension as a Chicago public school teacher is dependent on factors that are very much in flux right now.” ...
Retirees could lose up to a quarter of their Social Security benefits if the program’s trust fund runs dry within the next decade. A workplace pension can provide a guaranteed income to supplement ...
Those who work long, high-paying careers can receive thousands of dollars above the average Social Security benefit.
The Committee for a Responsible Federal Budget estimates that Social Security payments will be reduced by 24% in 2032 unless the current system is reformed. A 24% reduction in benefits could result in ...