Chicago’s fight over school staff pensions: 4 big things you need to know – Chalkbeat Chicago

The budget amendment on the school board’s agenda for its March 20 meeting accepts an additional $139 million in unexpected revenue, but does not spell out what the board will spend the money on. It lays out three possibilities: paying the yet-to-be determined costs of a new contract with the Chicago Teachers Union, funding an inaugural collective bargaining agreement with the union representing principals, and giving the money to the city as a contribution to the retirement fund that supports non-teaching school staff.