Tag Archives: Crain’s Chicago Business

Does SB 1 Bail Out the CPS Pension System? You Decide.

Posted on July 29, 2017 by Steve Reick

Everybody’s trying to explain how SB 1 bails out the Chicago Public Schools (CPS) pension system, and why the numbers are all over the board. Greg Hinz of Crain’s, who’s been really good at trying to make sense of this … Continue reading →

Posted in Education, Public Pensions, Public Sector Unions | Tagged , , , | 3 Comments

Chicago Messes Its Bed, Then Asks Us To Clean It Up

Posted on July 28, 2017 by Steve Reick

The big issue in Springfield this week is the school funding bill, SB 1, which contains the new funding formula for schools. The governor claims, and he’s right, that the bill contains a provision that, in effect, diverts money from … Continue reading →

Posted in Education, Public Pensions, Public Sector Unions | Tagged , , , , | 2 Comments