-- Connecting the dots between our economy, government and business --
Lots of Chicago teachers call in sick when they are not sick. Just because they can. That sad fact lies behind a little noticed provision in the teachers’ new tentative contract. The teachers will be allowed to accumulate as many as 244 sick days, which they can put toward an earlier retirement with a full pension. Some teachers will be able to retire about a year and half early.
Governor JB Pritzker’s 70-page federal wish list would cost trillions of dollars, but not a word is provided on that or how it would be paid. Summary and audio linked here.
Glennon raised the stakes of the moment in broader civilizational terms: “This election in Illinois is not about the usual pedestrian issues… it’s about nothing less than whether Western civilization survives in our democratic republic of America because [the left], just on the open border alone, will destroy the country, and now they’re bringing in the jihadists, frankly, into the party.” Audio and summary linked here.Audio and summary linked here.
New Trier High School made national headlines nine years ago as a “canary in a coal mine” for political indoctrination in public schools. The canaries lived.
Audio and summary linked here.
Among the consequences of economic growth that badly lags national averages are billions of lost revenue every year. Yet denial reigns in Illinois, fueling the vicious cycle of demand for higher taxes.
According to the article, “CPS also will realize a savings as highly paid longtime teachers retire a little earlier and are replaced by more modestly paid new hires.” This is inaccurate for a number of reasons: 1) The retired teacher will now be pulling a pension one year earlier from a severely under-funded pension system 2) While that retired teacher collects 75% of his salary in retirement, his replacement earns for more than the 25% difference. 3) Taxpayers are now chipping in for retiree and employee health benefits Just because the cost is spread over multiple ledgers doesn’t mean any… Read more »
And won’t state payment of the “normal cost” simply be used to pay for otherwise unfunded retiree health? CPS stops paying higher cost for older teacher and the State pays that cost for the aging retire. A shell game within a shell game. And zero accountability for mis-government. The public doesn’t comprehend and most of the legislators don’t comprehend either. There is probably a relatively small group of pretty smart financial engineers (Rube Goldberg LLC) that initiates and propagates the fraud. However, if we happen to find them, they’ll be disclaimed and indemnified to the max. Dissimulation that is incomprehensible… Read more »
Come on’ Sun-Times, get with the program, don’t you see all the ‘we support teachers’ signs everywhere?