Jake Griffin reports in the Daily Herald about mandatory payments by school districts for final year teacher raises in excess of 6 percent per year. Here’s what was written about Algonquin’s District 300 Unit School District:
From 2015 through 2017, taxpayers in six suburban school districts had to pay more than $100,000 in penalties for pension obligations created by raises for educators in excess of 6 percent…during those three years as a result of raises topping 6 percent a year for nearly 100 employees, according to the analysis. Algonquin-based Community Unit District 300 paid $312,949…
District 300 officials said they have made a concerted effort to reduce penalty payments in recent years.
District 300 paid $194,171 in penalties in 2014 after two previous years of six-figure payments. In 2015, the district paid $189,203 in penalties, then dipped to $94,362 in 2016, but only had $29,384 in penalties in 2017, according to the analysis.
Spokesman Anthony McGinn said stipends for coaching or other extracurricular activities often pushed the pay raises above 6 percent.
“The decreasing amount is an intended strategy and part of our negotiation process,” McGinn said. “The district has taken steps to significantly reduce overload pay through contract negotiations.”
The penalties essentially shift some of the pension burden back to the schools that created it, proponents said.
The payments by District 300 taxpayers for the last three years follow:
- 2015 – $189,202.87
- 2016 – $94,361.61
- 2017 – $29,384.18