Chicago Public Schools CEO Forrest Claypool calls for an end to “pickups” of employee pension contributions, which would save the cash-strapped district $174 million a year.
Chicago Teachers Union executives say their members shouldn’t have to contribute more money to their retirements because of a contract negotiation nearly 35 years ago.
The array of six tax-hike proposals adds up to more than the state’s total projected general-fund spending in fiscal years 2016, 2017 and 2018 – combined.