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Illinois teacher pension system nearly $40 billion in the hole

Mar 22, 2011 10:24:00 PM - chicagotribune.com
School districts worry local taxpayers might have to foot larger bill

The Teachers' Retirement System, the largest and costliest of Illinois' pension programs, is now almost $40 billion short of what's needed to cover future benefits — the deepest financial hole in 20 years of state records.

USA, Illinois: (Latest Stories)