Fixing terms for up to 5,000 teachers could avert possible strike

Aug 26, 2016 by

After the CTU’s bargaining unit pushed for an October deadline, sources with knowledge of the negotiations outlined a possible path to an agreement.

Finding a way to hold harmless up to 5,000 teachers who have maxed out on their pay raises for education and seniority may be the key to averting Chicago’s second teachers strike in four years.

Days after the Chicago Teachers Union’s 40-person bargaining unit pushed for an October deadline, sources with knowledge of the negotiations outlined a possible pathway toward an agreement.

The $5.4 billion budget approved this week by Mayor Rahm Emanuel’s handpicked Board of Education includes a $250 million property tax increase for teacher pensions and assumes $31 million in labor concessions reached partly by phasing out a 7 percent pension payment awarded to teachers years ago in lieu of a pay raise.

Source: Fixing terms for up to 5,000 teachers could avert possible strike | Chicago Sun-Times

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