Teachers Unions

Chicago Teachers Strike is Over But the Red Ink Will Continue Indefinitely

|

The Chicago Tribune reports that public schools in the Windy City will be open for class tomorrow. Here's the quick breakdown of the terms:

The contract would give teachers base salary raises of 3 percent this year and 2 percent in each of the following two years. They could receive another 3 percent raise if both sides agree to a fourth year in the contract.

Those raises are in addition to other salary bumps for experience and pursuing a graduate degree that would push the overall average pay raise for teachers to 17.6 percent over four years, according to CPS. The district did not offer an average raise estimate for three years.

The contract will not be official until the union's full membership votes to approve it in the coming weeks.

In case you're wondering, Chicago public school teachers average between $71,000 and $76,000 in salary right now and expenditures have ballooned by $1.7 trillion dollars between 2002 and 2011 despite losing thousands of students.

Oh, and the teachers pension system is broke:

Having skipped its pension contributions for many years, Chicago is supposed to start tripling them in another year under state law. But the school district has drained its reserves. And it cannot easily turn to the local taxpayers, because of a cap on property taxes. Borrowing the money would be difficult and expensive as well, because of a credit downgrade this summer. One of the few remaining choices would be to make deep cuts in other services.

If the incompetents running the show want to score a quick $130 million a year, here's one idea:

Many Chicago residents may not realize is that their school district also has been paying $130 million a year to cover most of the pension contributions required of the teachers, a practice known as a "pickup," which became a flash point last year in the collective bargaining battle in Wisconsin. Wisconsin's public workers have agreed to make their own contributions, as a concession.

Read more about that.

Hat tip on the pension-woes story: Alan Vanneman.

NEXT: Illinois Cops Give Family Ten Minutes Between Delivery of Mysterious Marijuana Package and No-Knock Drug Raid

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

  1. expenditures have ballooned by $1.7 trillion dollars between 2002 and 2011 despite losing thousands of students.

    You might wanna fix that typo.

  2. But will they still be evaluated?

  3. This is great:

    Ms. Murray pointed out that teachers in Chicago, as in many cities, earned no Social Security credit for their years in the classroom.

    Ms. Murray fails to point out that she PAID no Social Security, which is why she never earned it.

    I love how these slime want to let everyone know they are a “protected class” because of Constitutional protection. These would be the same slime that bankrolled the “NO CONSTITUTIONAL CONVENTION” in the state the last couple years, yet never ONCE mentioned the protected pensions in their reasons for not wanting the state Constitution reviewed.

    1. Yeah, and while she never paid into Social Security, she did pay into her pension. In fact, she paid less into her pension than private employees pay into Social Security, yet her pension benefits are probably more than twice as much as Social Security benefits.

  4. “Chicago public school teachers average between $71,000 and $76,000”

    Plus full benefits and a taxpayer-funded pension.

    Not bad for a part-time job.

    1. Plus nothing taken out for Social Security.

    2. Seriously. The stupid on this was large. I said to a teacher friend “Well, for a 9 month gig its really not a bad salary at all” She trots out the “We work longer hours, so its really a full time job” I said “I’m sure you do, but not every teacher does. I know this from being a student.”

      She then goes on to claim that teachers work, on average, 14 hours a day. As in…6AM to 8PM. She refused to back off that number, even when I pointed out just how long that was.

      Teachers, honestly…something happens to you in ed school….you turn into this brainwashed deutschesoldat, spewing talking points.

      1. Yeah, the teachers’ claims are pretty ridiculous as far as their working hours are concerned. They count time spent in front of the TV at home because they also have a stack of homework or tests sitting around that they plan on grading at some point that night, etc. I would think it’s physically impossible for most teachers to actually *work* 14-hour days on a regular basis. In fact, I know some teachers. I even know CPS teachers! They are not working 14-hour days.

  5. I think EVERY teacher that went on strike should be FIRED!

    http://www.WorldAnon.tk

Please to post comments

Comments are closed.