New Trier, other wealthy school districts shifting their built-in pension spiking costs to taxpayers statewide……….OUCH…….!!!

To spike their pensions, New Trier high school teachers, a few years from retirement, had six percent annual bumps in salary written into their 2016-2019 contracts.

We are noting the automatic salary increases in a recent analysis of a quiet legislative maneuver to spread the costs of teacher pension spiking across lower and middle-income earners statewide.

It’s easier for teachers unions to hide what’s going on, referring to the cost shifting. Instead of the locals having to come up with the funds to pay higher pensions through higher property taxes, they are bundled into the billions the state pays out for pensions.”


About royfmc

BS in Environmental Engineering from Northwestern University's McCormick College of Engineering MBA from DePaul University's Kellstadt's College of Business JD from DePaul University's College of Law Website:
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