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The CTU won’t agree to the money until it gets the other items on what Jackson calls its “social justice bargaining” agenda.
That includes everything from affordable housing and a dramatic increase in “community schools” to enforceable caps on class size, mandatory hiring of support personnel written into the contract and more teacher preparation time with potential to shorten the elementary school day.
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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