Teachers looting taxpayers, AGAIN-Illinois Teachers Pension Fund is 40% Funded, Drops Deeper Into Hole Despite Investment Return of 12.8%

Mish's Global Economic Trend Analysis: Illinois Teachers Pension Fund is 40% Funded, Drops Deeper Into Hole Despite Investment Return of 12.8%; What's the Solution?:
"In spite of a 12.8% annual return, with an 8% return assumption, the Illinois Teachers Retirement System (TRS) fell another $3.5 billion in the hole.
TRS pension underfunding grew to $55.73 billion as of June 30, 2013. "