What Were Chicago Schools, Teachers Union Fighting Over and What’s Next? – NBC5 (Chicago)

During negotiations, the union asked that no members be disciplined or docked pay and wanted an outside party to resolve disputes. The district did not offer any assurances that pay would be restored.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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