Home Page : Archive News : April 2013 News : District 54 loses Supreme Court appeal over pension penalties | |
District 54 loses Supreme Court appeal over pension penalties | |
April 03, 2013 The Illinois Supreme Court has declined to hear a lawsuit from Schaumburg Township Elementary District 54 over $586,000 in penalties the district had to pay for giving end-of-career pay raises higher than 6 percent. The district had argued that agreements to give the raises were in place before state lawmakers started charging local schools for the pension costs triggered by pay hikes more than 6... Source: http://www.dailyherald.com/article/20130403/news/704039776/ |