Posted on 06/30/2015 8:11:22 PM PDT by massmike
As many as 1,400 Chicago Public Schools jobs will be affected starting as soon as Wednesday.
Mayor Rahm Emanuel and interim CPS CEO Jesse Ruiz will lay out a plan Wednesday to fully fund the school district's teacher pensions. The announcement came after Tuesday's 11th hour $634 million pension payment.
In a statement, CPS confirmed at least part of the money was borrowed and there will be 1,400 layoffs. The district said that not all of those positions are teachers, but some of them are.
The Chicago Teachers Union reacted Tuesday night to the announcement.
"I can tell you it's dismaying news. It will have an extremely harmful effect on students who are disproportionately poor, students of color that are in Chicago Public Schools," CTU Vice President Jesse Sharkey said.
Mayor Emanuel said one issue is that CPS does not receive as much money from the state as other districts do when it comes to pension subsidies.
"In Aurora they can focus on education. In Winnetka, they can focus on education. In Chicago because of the way the system is set up, we can focus on a pension payment. If they make this payment then it's going to raise a whole other set of questions which is how does the board fund itself and operate the schools next year in a way that will do right by the people that work in them and the people that go to them," Emanuel said.
The Chicago Teachers Union contract expires Tuesday night at midnight.
(Excerpt) Read more at abc7chicago.com ...
Greedy union bastards!
Hey it’s more important to make cash payments to people who game the system vs. actually educating children.
Apologies to the dedicated school teachers on the board, but the purpose of Public Education is not to educate anyone’s kids. The purpose of Public Education is to funnel fat pensions to union members. Nothing more. Nothing less.
I’m waiting for the great financial reset in the USA and then government-union cesspools like this will really be drained.
“It’s not politics. It’s math.”
You’d think teachers could handle simple math.
So much for the cheeeeldrens.
This is happening in NJ as well; Christie’s property tax caps are preventing the teachers’ unions from screwing us 5-10% annually with increases, so after non-teaching positions were eliminated they started cutting the teachers themselves (in some districts even eating into tenured ranks with the least seniority).
It is generally sad when layoffs are announced, but not with teachers; they are the funding tool of the Democratic Party, transferring taxpayer funds directly to their candidates, and are the de facto owners of the party itself.
even liberals are getting sick of Union crap. right on.
Finally.
What happened to the other $360mil?
The fiscal reality of $100 trillion in unfunded liabilities is becoming apparent. Soon people will forget Greece, center on Puerto Rico. Then the cascade will commence.
Exactly.
You hear the 19 trillion number, which hasn’t moved in 15 days for some reason, but it’s actually 100 trillion. That’s just federal. Add in state and local unfunded future liabilities and there’s not enough wealth in the entire world (much less the U.S.) to pay the debt we’re under.
But that’s the ‘overwhelm the system’ methodology. Top down, bottom up. Crash the system and then remake it a global environmental communist utopia.
ESAD L.I.F.E.R. NEA parasites.
it's called "overhead."
Indoctrination pays better than I thought.
Bingo. But go beyond that. People who own real estate—homeowners—are always on the chopping block. They are always the first to pay additional taxes on their property to fund “public schools.” There should be no “public schools.” This would put an end to state confiscation of your home should you not pay your “property” tax. Education should be in the hands of parents, private schools, and not unaccountable idiots in public schools. This would solve a myriad of problems—the “free” lunch program, “sex” education, and ever and ever increasing property taxes. The secular government is upside down. Fight it with all your might.
Remember, every time a Teacher Union Strikes it’s for the Children.
Their Children, who probably attend Private School.
That Tuition isn’t cheap you know.
Running low on other productive peoples money? Somethings gotta give eventually.
This is why Walker’s reforms were so effective. The unions are by law unable to drive wages up annually. The economics were so powerful that many school districts were able to hire additional teachers — who didn’t have to pay dues.
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