Sentences with phrase «cover teacher pension costs»

CPS instead gets more state money in other education areas as Chicago homeowners pay property taxes that cover teacher pension costs.

Not exact matches

That's enough to cover about one - fourth of overall school spending in the two - county region, but experts said it is not sufficient to fully meet rising costs of teacher pensions and other high expenses.
School superintendents across the state had hoped that lawmakers would provide additional help, by allowing districts to set aside extra cash reserves to meet the costs of pensions covering teachers, guidance counselors and other professional school staffers.
It is of interest, then, that the American public tends to look favorably on a proposal that would require teachers «to pay from their salaries 20 percent of the cost of their health care and pension benefits, with the government covering the remainder.»
Teacher Benefits Question: Some argue that teachers around the nation should be required to pay from their salaries 20 percent of the cost of their health care and pension benefits, with the government covering the remainder.
As a result of inaction from the state to address this unfair burden on CPS, the District had to take money from the classroom to cover rising teacher pension costs.
In exchange for securing additional property tax money for pensions, Emanuel wants teachers to cover the full cost of their own pension contributions.
- The largest pension burdens are also associated with states that directly cover the cost of local school teacher pensions.
Given that at least 6,006 Second City teachers — or one - fifth of employees covered by the pension — will retire in the next decade, Emanuel will have to do more than just freeze cost - of - living increases for pensioners of this and those drawing off the rest of the city's annuity funds.
The governor vetoed a bill that would have allowed New York school districts to issue bonds to cover their projected teacher pension cost increases over the next three years.
And in Illinois, as part of an upgrade to its school funding formula, the state will help Chicago cover the district's teacher pension costs.
The state covers the cost of teacher pensions in the suburbs and Downstate, but not for CPS, which has long had its own pension system.
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