350,000 Chicago Students Out of School for Teachers Strike | Heartlander Magazine
Union Rejected Pay Raise
CPS offered teachers a four-year package worth $400 million that would have increased the average teacher’s compensation by 16 percent over that time, said Chicago School Board President David Vitale. The city expects to face a $3 billion budget deficit over the next three years, plus a $2 billion pension deficit over the next two years.
CPS’s annual spending is approximately $5.5 billion.
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