The race is on to lock in current retirement packages before they can be altered, reduced or eliminated by state legislatures. For Illinois, that race to retirement has become a rush for the exits.
In the past 12 months ending June 30, there were 4,750 state government employees who retired, a figure that represents almost as many total retirees for the previous 24 months ending July 1, 2011.
At state universities in Illinois, almost as many retirees – 4,647 – left their jobs during the same period ending June 30, 2012, and that is an increase of 1,300 retirees from the previous 12-month period.
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