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Alex

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  • On the article Political Rewind: Illinois Pension Reform Still Top Priority

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    Alex

    4:54 pm on Monday, June 11, 2012

    The 9.4 percent paid absolutately is at the expense of less salary. I know exactly what I talking about. The salary schedule is set at the same time as every other part of the contract including the amount paid by the board for TRS. The board at any point for a district could eliminate this during negotiations but then would have to give up something in return. This is called "good faith' bargaining. Once again there is alot of misinformation going on.

  • On the article Political Rewind: Illinois Pension Reform Still Top Priority

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    Alex

    9:37 pm on Sunday, June 10, 2012

    The board pays the 9.4% although it shows it as deducted from your paycheck. However, in reality the percentage for any district up to the 9.4 required by law is bargained. So when school districts pay the 9.4% it comes at the expense of less salary or less insurance. There is one pot of money and it's bargained on how it's used. It's called deferred compensation. So in essence EVERY teacher pays the 9.4% It's ok most don't understand bargaining they are more consumed with their own facts and figures then the truth.