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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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What ‘gains in educational outcomes’ might he be referring to?
Martire should read Wirepoints for a synopsis of educational outcomes in Illinois if he doesn’t want to invest the time into delving into the IL Board of Education results himself.
Please, someone, anyone … send him a link!
Does anyone know if the teacher shortage applies to private K-12 schools?
Martire is lifelong union hack performative fraud — every lie that come out of his mouth is paid for by union racketeers.
https://westcooknews.com/stories/512300512-people-need-to-know-who-he-is-oprf-voters-warned-about-school-board-hopeful-ralph-martire
Is there a reason why the study cited for student achievement ends in 2017 – 5 years ago?
Yep. More pay increases. It sounds like salaries will need to rise to entice more teachers. Not to mention new teachers don’t get a very good pension so wages will need to rise even more. People that hate teachers can complain all they want but it’s already in the works. Probably explains why several districts have recently approved multi-year contracts with 5% per year raises built in for the next few years.
Nope. No more pay increases. Not after they willingly put kids on the bench for two years because of the far left liberal loud mouths. Let’s start by reducing the administrative salaries and when that is done, we can revisit teacher salaries. Been down this road too many times in Illinois.