Prairie Grove Grade s School District 46 recently came to a new agreement with its teacher’s union on a new two-year contract through August 2020. The new agreement is posted on its web site. The old agreement has been removed … Continue reading
Category Archives: Teachers Retirement System
State Rep. David McSweeney took up the fight to prevent the enactment of the shift of burden for teacher pensions from state taxpayers to local real estate tax payers. He has introduced House Resolution 27, which “States the opinion of … Continue reading
A press release from Governor Bruce Rauner: Governor Announces Appointments SPRINGFIELD – Governor Bruce Rauner announced today he has made appointments to the Teachers’ Retirement System of Illinois and Illinois Workforce Investment Board. Position: Board Member – Teachers’ … Continue reading
State Rep. candidate Steve Reick’s latest post on his web site: Dance Band on the Titanic There’s an old saying that bad news comes in threes. It’s certainly true today for Illinois. First comes the news that Illinois’ insurance rates … Continue reading
After I received the press release (15 comments so far) about the contents of the contract from Crystal Lake District 155 last night, I submitted some questions. Those questions and the answers supplied are below: What will the starting salary be … Continue reading
From Reboot Illinois: 18. Norman Wetzel • Title: District Superintendent • Employer: CUSD 300 • Annual Pension: $246,521 • Employee Contributions: $179,203 • Age at Retirement: 55 (Retired June 2002) • Pension Paid to Date: $2.50 million • *Estimated Lifetime … Continue reading
Crain’s Chicago Business has a really good article by Dave McKinney about how Illinois got into the pension mess that now exits. I found this particularly insightful: Education Association President Cinda Klickna was not in union leadership in 2005. But she … Continue reading
Retired teachers outside of Chicago received the following email from the Teachers Retirement System: TRS learned today that pension payments will continue to be paid even if the state does not have a comprehensive budget in place for fiscal year … Continue reading
The following email was sent to retired teachers yesterday: Welcome to July! As you know, Illinois’ state government begins fiscal year 2016 without a comprehensive state budget. As the stalemate in the state Capitol continues, we’d like to remind you … Continue reading
A press release from State Rep. David McSweeney: McSweeney Says Supreme Court Pension Decision Means Opposition to Cost Shift Needed More Than Ever Cary, IL… In response to the Illinois Supreme Court’s decision to strike down the state’s pension reform … Continue reading
You will perhaps remember my writing that when a Governor presents his education budget it comes in three parts: higher education k-12 pensions In the 1990’s (at least) the IFT (Illinois Federation of Teachers) and IEA (Illinois Education Association) lobbyists … Continue reading
The Cook County State’s Attorney has cut a deal with retired West Harvey-Dixmoor Elementary School Superintendent Alex Boyd. But, he won’t get to keep his pension because he was allowed to plead guilty only to felony counts of official misconduct. … Continue reading
Looking for whether my son’s school district will follow Chicago’s example and close school Monday, I found this press release. I thought it might be of interest: DISTRICT 155, EDUCATION ASSOCIATION RATIFY CONTRACT The Community High School District 155 board … Continue reading
You might find last week’s press release from the Downstate Teachers Retirement Fund of interest on several levels. One that caught my attention is at the bottom. Note that the investments are not being made in Illinois. TRS INVESTMENTS EARN … Continue reading
Taken from a statement from the Cary Elementary School Board:. Considering House Speaker Mike Madigan is insistent on transferring teacher pension costs to local taxpayers and this is the last week of the legislative session before extraordinary majorities are required, … Continue reading
The Southtown has a Phil Kadner column about the negative effects (more later than soon) of shifting the burden of paying teacher pensions from State government to local school districts. He missed one aspect that some may find significant. I … Continue reading
The Daily Herald has figured out what the late former Huntley School Board member Larry Snow discovered in May two years ago. Taxpayers pick up the bulk, if not all, of the teachers’ side of pension payments to the Illinois … Continue reading
Below is a press release from District 300 about the ratification of the contract that came about after a one-day teachers strike. If you would like to read highlights I picked out of the over 100-page contract, including salary information … Continue reading
Today, Carpentersville District 300 teachers were voting on whether to ratify the contract recently negotiated by the LEAD300 union folks and the school board. You can read the entire contract here, complete with red color to indicate last minute changes. … Continue reading
A robo-call from District 300 Board member Joe Stevens tonight announced the settlement of the LEAD300 teachers union strike: “Good evening. This is Joe Stevens, member of the District 300 Board of Education and District spokesperson regarding the ongoing negotiations … Continue reading