The $40 billion pension hole? A Trib fairy tale.
The Chicago Trib ran a scary fairy tale this morning about the $40 billion shortfall in the TRS bank account. It is all part of a strategy to dismantle what was promised to teachers as deffered compensation.
I got lots of calls from teachers this morning about this Tribune hoax. Here are the facts directly from Rich Frankenfeld, Director of Outreach for the Teachers’ Retirement System of the State of Illinois.
- The Chicago Tribune today published a front-page story that uses selective facts to say that Teachers’
