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Two of the unions that helped get Chicago Mayor Brandon Johnson elected are now at odds. The Service Employees International Union said it's under attack by the Chicago Teachers Union.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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As a former staff member at a school, I can testify that teachers are your union buddies until the budget tightens. Then it’s time to kick custodians, secretaries, lunch ladies and bus drivers under the bus ( pun intended). They prove to be only concerned with themselves to fellow employees, parents and the general public.
When one takes too much someone else gets less. This has been going on for decades.
When they raise taxes, the taxpayers have less. So SEIU get use to it.
Wow. SEIU has caught onto the fact that CTU has beaten them to the carcass of Chicago and is picking off flesh before the carcass is dead. After Chicago’s financial collapse, CTU will have already picked all the meat off the bones and the cash register drawer will be empty except for an old CTA token and some paper clips. Not a cent left for their payroll or pensions. All the other Public Sector Unions can pound sand.
they’re eating their own!