Pension Contributions

Chicago Teachers Union President Karen Lewis and other union leadership discuss a breakdown in contract talks with the Chicago Public Schools. (Credit: CBS)

Lewis Slams CPS For Proposing “Strike Worthy” End To Pension Pickup

Chicago Teachers Union President Karen Lewis on Friday painted a grim picture of ongoing contract talks with the Chicago Public Schools, calling the district’s rejection of a possible one-year deal a “breach of trust.”

08/07/2015

About 100 Chicago teachers and supporters marched outside City Hall on Thursday, to protest $200 million in budget cuts, including 1,400 job cuts. (Credit: CBS)

Teachers Protest CPS Budget Cuts, Layoffs

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.

07/02/2015

Chicago Public Schools Headquarters

Testing, Evaluations Focus Of Negotiations Between CPS, Teachers

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.

06/30/2015

Mayor Rahm Emanuel (CBS)

Emanuel Rejects Rauner Plan To Advance $450M To Chicago Schools

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.

06/29/2015

Chicago Public Schools Headquarters

Document: Rauner Plan Would Advance $450M To Chicago Schools

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.

06/29/2015

Illinois House Speaker Michael Madigan

Madigan: School Districts Should Start Contributing To Teacher Pensions

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.

CBS Chicago–01/24/2012

(CBS File Photo)

Former Moo & Oink Workers Fighting To Get Unpaid Benefits

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.

CBS 2–09/27/2011