Sentences with phrase «full teacher pension funding»

Unlike all other school districts in Illinois, which receive full teacher pension funding from the state, CPS is required to fund its own teacher pension system while its taxpayers also pay into the pension funds of other districts.

Not exact matches

The Teachers Insurance and Annuity Association and College Retirement Equities Fund has announced that it will comply in full with federal court orders requiring it to pay equal monthly pension benefits to both men and women who retired after May 1, 1980.
For a typical secondary school of 920 students, this equated to a budget difference of # 1.9 m between the best and worst - funded areas, enough to pay the total costs - salaries and pension contributions - of 40 full - time teachers, he said.
The state law mandating full funding of teacher pensions, which were made iron - clad through «bond covenants» with Wall Street was adopted in 2007, four years BEFORE Dannel Malloy became governor.
While the full findings of my study are still under wraps, the conclusions are clear: teacher pensions exacerbate school funding inequities in Illinois.
Let's be honest — if Governor Malloy had unilaterally taken steps to «fully fund teacher pensions» and «guarantee full funding in the future,» that would have been a powerful reason for teachers to consider voting for him, but the truth is far from what Malloy's supporters are suggesting.
While the «EXAMINE THE FACTS» document failed to highlight the reality that Governor Malloy actually proposed CUTTING funding for teacher health care, in an attempt to persuade teachers to vote for Malloy, the «fact» sheet claimed that Malloy is the «First governor in Connecticut's history to annually fully fund teacher pensions during his term in office and guarantee full funding in the future.»
The primary problem with the claim is that Malloy had no legal option but too fully fund teacher pensions and furthermore, he deserves absolutely no credit for guaranteeing full funding of the teacher pension system in the future.
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