Latest News and Comment from Education

Thursday, September 26, 2013

9-26-13 Fred Klonsky | Daily posts from a retired public school teacher who is just looking at the data.

Fred Klonsky | Daily posts from a retired public school teacher who is just looking at the data.:







Bruce Rauner also made some big bucks managing my pension fund. But don’t ask questions.
Isn’t it amazing that a guy like Bruce Rauner, Rahm’s best buddy and the guy who attacks teachers unions as if it is a blood sport, has made lots of bucks off of teacher pensions. Reported Crain’s last April: Mr. Rauner, a millionaire who retired as GTCR chairman last year in anticipation of a run for the state’s top office, led a firm with more than $10 billion under management largely from publi
The in box. Nekritz says COLAs are the target.
  Representative Elaine Nekritz. WIUS 91.9 Nerkitz is the House Democrats’ point person on pensions, and a leader of the so-called “conference committee” charged with finding a compromise. The bipartisan, bicameral panel was formed after a disagreement between the House and Senate this spring over the best way to reduce the state’s pension costs ended in a stalemate. Illinois has yet to find a wa

Asking a question about my pension.
Reading a story in the Chicago Sun-Times by staff reporter Dan Mihalopoulos about some sleazy connections between Martin Cabrera and alderman Fast Eddy Burke, Valor Realty and some other old Blagojevich pals, I came across this sentence: Between 2003 and 2012, the Teachers’ Retirement System of Illinois, the pension fund for suburban and downstate teachers, paid Cabrera’s firm nearly $2 million in

9-25-13 Fred Klonsky | Daily posts from a retired public school teacher who is just looking at the data.
Fred Klonsky | Daily posts from a retired public school teacher who is just looking at the data.: Charter pension cheats face fines. If they are caught.With all that is wrong with the growth of charter schools in Chicago, add this: They cheat on their payments to the Chicago Teachers Pension Fund. The practice is so consistent and widely practiced that the Illinois legislature was forced to pass s