On 3/25/1976 at 00:41:20, a magnitude 5.0 (4.9 MB, 5.0 LG, Class: Moderate, Intensity: VI - VII) earthquake occurred 121.5 miles away from Pontotoc County center On 1/18/1999 at 07:00:53, a magnitude 4.8 (4.8 MB, 4.0 LG, Depth: 0.6 mi, Class: Light, Intensity: IV - V) earthquake occurred 116.7 miles away from the county center On 5/4/1991 at 01:18:54, a magnitude 5.0 (4.4 MB, 4.6 LG, 5.0 LG, Depth: 3.1 mi) earthquake occurred 166.6 miles away from the county center On 6/24/1975 at 11:11:36 ...
The average pension per year for an Illinois teacher is $43,164. Most Illinois teachers work for 12 years. That 43k is a 2010 figure. Every year after, there is a 3% cost of living raise, compounded annually, included in the defined benefit.
Both CPS and the Chicago Teachersâ Pension Fund, or CTPF, are in financial crisis. CTPF is missing half of the money it needs to provide for teacher retirements. At the same time, the $634 million shortfall in pension contributions from CPS this year has caused the district severe financial stress. CPS is faced with a $1 billion budget deficit and is looking to increase taxes, borrow more than $1 billion, and cut teachers, schools and programs in order to stabilize its budget.