The Chicago Teachers union doesn’t just want 9% annual raises, they want that and even more – Wirepoints on The Shaun Thompson Show
Ted joined Shaun Thompson to talk about about the Chicago Teachers Union’s absurd new contract demands, why so many Chicago teachers are chronically absent, and Brandon Johnson’s failed first year as mayor.
What is always diverted is the issue of early retirement obligations.
SS offers no early retirement option similar to Tier 1 or Tier 2 (10 years or 20 years work entitlement to multiples of SS 30 year entitlement).
Hurray! Some of our city’s business groups are finally taking a stand on an important issue. After their cheerleading piece in Crain’s the other day it is nice to see that maybe they understand there are some critical problems they should weigh in on.
Why should they get less? I agree with the SS base but change the 1st tier to match.
If you want tier 2 to match tier 1 you will need to increase tier 2. Can’t steal from tier 1 pensioners as it’s their money and not the taxpayers to allocate.
Huuuh?
Aren’t Tier 1 pensioners currently stealing from Tier 2 pensioners?
No. You’re misinformed. Tier 1 pensioners were offered their benefits by the state. Tier 2 are paying too much for the benefits that they will receive to the benefit of the taxpayer. Tier 1 pensioners had their contract before tier 2 was ever hired. The state or taxpayers is stealing from tier 2. If the state doesn’t change their behavior then they will be violating the safe harbor rules and pay even more. Nothing to do with tier 1.
I am not sure paying over $50,000 per year in taxes to the State and local governments is stealing. I get next to nothing for this money, and I am the one stealing? I think it is the other way around.