Runaway Pension Costs Draining Education Dollars

January 09, 2012 JLabor, Education & Pensions

In an example of the unions and adults coming before the kids they are supposed to serve, the Illinois Policy Institute has put out a report showing how Illinois’ unsustainable pension costs are eating up more and more education funds that would otherwise be used to educate children. Click Here for IPI’s full report.

One disturbing reality from the report:

• In higher education – In recent years 80 cents of every new state dollar were spent on retirements leaving less for the classroom.

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