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Janus v. AFSCME: The Facts

Post By: AFSCME
http://www.afscme31.org

The U.S. Supreme Court announced that it would decide Janus v. AFSCME Council 31, a lawsuit that aims to take away the freedom of working people to join together in strong unions to speak up for themselves and their communities.

The billionaires and corporate special interests funding this case view unions as a threat to their power, so they are trying to get the U.S. Supreme Court to rig the system even more in favor of those already at the top.

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Rauner’s privatization scheme goes bad

Post By: AFSCME
http://www.afscme31.org/news/rauners-privatization-scheme-goes-bad

Gov. Bruce Rauner rushed to privatize state employee and retiree benefits administration, outsourcing the work from Springfield to a call center in Georgia—part of a $94 million contract with a foreign corporation called Morneau Shepell. The Associated Press reported that the state’s high-priced portal is pretty much a mess.

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Illinois Pensions - Tier 3?

Attached below is a break down of IL pensions comparing benefits for Tier I and Tier 2 members. Tier II teachers have later retirement dates, longer vesting requirements, salary caps for pensions lower than the Social Security wage base, and lower cost of living increases after retirement that are not compounded.

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Excellence in Civics Education is the Linchpin of Our Success or Failure in the World Being Created Right Now

Dreyfuss Testimonial: https://youtu.be/B6n0tr4TfEA

Richard Dreyfus talks about what the loss of schools and teachers who bring knowledge of our history to our future voting citizens means for our nation. Illinois now requires Civics Education as a graduation requirement, but have we done enough to implement it? Currently, D214 educators teach this subject as a single unit within a US History course.

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Redefining Ready

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LTE: 'Illinois math' has led to chronic underfunding of teacher pensions FROM? Dick Ingram

- - MUST BE A CHARTER!! - -

Post By: Chicago Tribune
http://www.chicagotribune.com/news/opinion/letters/ct-illinois-taxes-tea...

In a recent column, Kristen McQueary listed a few instances where controversial decisions by Illinois’ elected officials have directly shaped the fiscal despair of state and city governments.

However, she did not fully explain one example.

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THE DIFFICULT PROBLEM OF PENSION FUNDING AND FINANCES IN ILLINOIS

Post By: TRS
https://www.trsil.org/news-and-events/pension-issues/difficult-problem-o...

Issue: In 2012 the TRS Board of Trustees approved a resolution which acknowledged that due to evolving circumstances that call into question the General Assembly’s ability to meet the existing statutory plan to fund TRS, drastic changes are needed to maintain the long–term viability of TRS and the other state pension systems.

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TIER III PLANNING UNDERWAY

Post By: TRS
https://www.trsil.org/news-and-events/Tier3_Planning

Teachers’ Retirement System has begun the complicated process of creating a new Tier III “hybrid” benefit structure for future members, in compliance with a new state law enacted in July by the General Assembly.

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TRS Follows New Law and Lowers the State's FY2018 Contribution By $531M

Post By: TRS
https://www.trsil.org/news-and-events/August_2017_Board_Meeting

The Teachers’ Retirement System Board of Trustees reduced the State of Illinois’ annual funding contribution to the System for fiscal year 2018 by $530.8 million; reluctantly adhering to a new law that changes the statutory pension funding formula.

The revised state contribution for TRS is now $4.034 billion. The previous FY 2018 contribution, certified by the TRS Board last October, was $4.564 billion.

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About K - 12 Education Spending

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