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Ending Free Pension Giveaway Would Save Cleveland Schools $35 Million

RMcGadden Wrote: Aug 17, 2012 7:58 PM

Not buying it. I watched 2 years ago as the teachers union in my city colluded with a lame-duck school board to force a 6 year contract down the throats of the taxpayers, against 70% community opposition. In the process, when the union rep was shown the figures proving it would bankrupt the system, he just shrugged. A year later, it forced the closing of a high school, which caused such an uproar. the school district had 1200 students move away, or pay to enroll in surrounding systems. teachers unions are the bane of public education.

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Ending Free Pension Giveaway Would Save Cleveland Schools $35 Million

For a school district facing possible bankruptcy, the Cleveland Metropolitan School District was very generous with its employees during the 2010-11 school year.

For example, taxpayers may be surprised to learn they paid the pension contributions for the district and the teachers during 2010-11. So instead of just paying the district’s $49 million contribution to the State Teachers Retirement System, taxpayers took care of the teachers’ $35 million contribution, too.

Of course, taxpayers didn’t really have a choice in the matter. That agreement had already been written into the district’s collective bargaining agreement with the Cleveland Teachers Union.

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Related Tags: Teachers Unions Bankruptcy Pension Reform