CPS sues state over pensions

March 13, 2008 3:45:37 PM PDT
Chicago Public Schools officials filed a lawsuit against the state Thursday aaying the system for funding teacher pensions is unfair.Board of education president Rufus Williams says the state does not provide as much money to the pension fund as it should. And he says the Chicago school board is required to maintain more money in its pension fund than other districts.

Williams says for fiscal year 2009, \that means $188 million that could be going to classrooms will be going to pensions instead.

"With $188 million, we could give access to all students for all day kindergarten, we could reduce class sizes in the early grades, we could make all of our schools community schools. We could accelerate our high school transformation effort," Williams said.

No one from the state returned calls for a response to this lawsuit.


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