The Tier 2 pension system affects ALL public educators (teachers, education support professionals and higher ed) who started employment on or after Jan. 1, 2011. In this video, IEA member Jessica Ward breaks it down perfectly for teachers, who pay into TRS. Fixing the Tier 2 pension system for all educators–participating in TRS, IMRF and SURS–is our union’s #1 priority for the Spring legislative session. For more info on Tier 2, check out our fact sheet: bit.ly/Tier2FactSheet
Tier 2 pensions are unfair, inequitable and undermine the retirement funds of educators that first started teaching after 2010. Teachers shouldn’t have to work until they are 67 years old to access their full retirement. We should fix Tier 2 because it’s the right thing to do and it would also mean making strides in addressing the teacher shortage crisis. This week, IEA members testified in front of the House Personnel and Pensions Committee to fight the system that serves to divide our union and find solutions. The IEA was joined by the IFT, AFSCME Council 31 and IL AFL-CIO. Thank you to our members for advocating for a Tier 2 fix and to our lawmakers for hearing our concerns.For more information on Tier 1 and Tier 2.