Public school teachers were raising their voices against Mayor Rahm Emanuel’s leadership of the district; in particular his proposal to help shore up CPS finances by having teachers pay the full cost of their individual pension contributions, most of which is now paid by the district.
The Chicago Public Schools and its teachers face two deadlines on Tuesday: their three-year contract expires at midnight, and a $634 million pension payment is due by the end of the day.
Mayor Rahm Emanuel is rejecting Gov. Bruce Rauner’s offer to advance $450 million in state funds to help Chicago Public Schools make a $634 million pension payment.
Gov. Bruce Rauner is offering to accelerate state grant payments to help cash-strapped Chicago Public Schools make a $634 million pension contribution, according to a summary of the proposal obtained Sunday by The Associated Press.
Illinois House Speaker Michael Madigan says local school districts haven’t been paying into their teachers’ retirement systems, and he thinks it may be high time that they did.
Former employees of Moo & Oink meat markets have been fighting to force the chain to pay them pension and health benefits they are still owed from the months before Moo & Oink stores started closing.