More than half of Illinois state educators retire at age 59 or - TopicsExpress

More than half of Illinois state educators retire at age 59 or younger and receive $2 million in benefits after their career ends, the institute estimates. Because of a guaranteed cost of living adjustment of 3 percent annually after 25 years in retirement, many of these individuals are earning more than double what they were making at the height of their career, the [Illinois Policy] institute found.

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