Everyone deserves a secure retirement, especially those who have devoted their careers to public service. That’s why the CTU, along with our parent federations, the Illinois Federation of Teachers (IFT) and the American Federation of Teachers (AFT), are all taking action at the state and federal level to challenge policies that threaten your retirement security.
“Pension holiday” is actually pension default worded in a way that is intended to portray the default as causing little harm or even as something positive. So, CTU will remind members and the media to use accurate language (“pension default” not “pension holiday”) in oral and written communications regarding non-payment of the employer’s pension payment that has been required.
Our success in Springfield depends on you — call your legislators today.
Chicago Teachers Union President Jesse Sharkey issued the following statement today regarding Mayor Rahm Emanuel’s plan for pension “reform.”