Ted joined Scott Slocum to discuss the anti-homeschooling bill making its way through the legislature, why Illinois school superintendents are paid massive sums to manage failing districts, the additional millions in pension benefits they get when they retire, and more.
Read more from Wirepoints:
- An Illinois school district, where just 7% of kids are proficient in math, rewards superintendent with $480K salary
- Pritzker’s real record on jobs
- Shutter, roll back, freeze. Three things Chicago Public Schools needs to do.
- Beyond the Nazi accusations. What you should know about Gov. Pritzker’s budget address
Audio and summary 
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
#1 was only in charge of the high school – nothing else. And she got a big raise the year before she retired!
Making that kind of salary you should be able to finance your own retirement. Taxpayers making a fraction of that shouldn’t be.
You’d think that at least that much would be agreed to but, no, not an inch of pension reform will be considered by the regime.
They retire at a much younger age than the private sector worker does.
Many go on to double dip the system. Greed is Good.
In my next life I’m coming back as an Illinois school superintendent.
Per IRS for ERISA pension plans: In general, the annual benefit for a participant under a defined benefit plan cannot exceed the lesser of: 100% of the participant’s average compensation for his or her highest 3 consecutive calendar years, or. $275,000 for 2024 ($265,000 for 2023; $245,000 for 2022; $230,000 for 2021 and 2020; $225,000 for 2019) For governmental plans not subject to ERISA, such limits don’t apply. For these same plans, the minimum funding rules don’t apply either; nor do the rules applicable to underfunded plans such as no new accrual if funding is below a certain limit. Let’s… Read more »
Ted is right. Vote to put people into office to change this…or move to another state. This endless grift by these superintendents to obtain these huge salaries and pensions can’t go on forever. Either it goes broke or we are taxed into oblivion.