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October 21, 2014, 4:30 pm
970 WMAY News

Memo: TRS In Trouble


The director of the Illinois Teachers Retirement System is warning that financial troubles are so great it could be forced to consider reducing pension benefits to teachers who have already retired.

 

The State Journal-Register reports that it obtained a confidential memo written by Dick Ingram that contains the warning of that politically explosive possibility.

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