Quantcast

NW Illinois News

Friday, November 22, 2024

Records show how much Northwest Illinois school districts have paid for spiking teacher pensions ahead of retirement

Test 17

Out of school districts in Northwest Illinois, Freeport School District 145 paid the most in penalties since 2005 for spiking employee salaries to boost outgoing teachers' retirement benefits, according to data obtained from the Teachers Retirement System of Illinois.

A 2005 law put the penalties in place to discourage districts from giving costly raises - any above 6 percent - that result in costlier pensions. While salaries are paid by districts, the state foots the bill for educators' retirement benefits.

Illinois penalizes districts for "pension spiking" by passing on the extra pension costs associated with hiking salaries in the years leading up to retirement.

Since 2005, the state has assessed more than $161 million in penalties, according to TRS data.

Northwest Illinois pensions spiking penalties, 2005-present

Rank
District
City
Members
Amount Assessed
Payments Made
Waivers Granted
Written-off
Current Balance
1
Freeport School District 145
Freeport
26
$56,972.00
$56,968.62
$3.38
2
Dixon Unit School District 170
Dixon
44
$251,725.51
$41,487.94
$210,214.05
$23.52
3
Dakota Community Unit School District 201
Dakota
13
$33,746.94
$32,121.42
$1,625.09
$0.43
4
Prophetstown-Lyndon-Tampico SD
Prophetstown
12
$62,933.30
$31,237.44
$31,695.56
$0.30
5
Rock Falls Elementary SD 13
Rock Falls
8
$51,132.44
$27,725.94
$23,405.99
$0.51
6
Warren Community Unit School District 205
Warren
4
$27,543.62
$27,543.62
7
Sterling Community Unit School District 5
Sterling
29
$445,348.17
$26,058.62
$419,288.21
$1.34
8
Rochelle Township High School District 212
Rochelle
9
$92,562.04
$23,223.77
$69,338.27
9
Erie Community Unit School District 1
Erie
11
$59,893.37
$23,198.07
$36,693.98
$1.32
10
Orangeville Community Unit School District 203
Orangeville
3
$21,865.18
$21,864.93
$0.25
11
Galena Unit School District 120
Galena
25
$511,791.40
$17,616.98
$494,172.33
$2.09
12
West Carroll Community Unit School District 314
Mt Carroll
21
$124,484.55
$17,484.80
$106,999.22
$0.53
13
Byron Community Unit School District 226
Byron
24
$207,584.48
$16,545.99
$191,032.80
$5.69
14
Meridian Community Unit School District 223
Stillman Valley
12
$12,151.67
$12,151.11
$0.56
15
Rochelle Community Consolidated School District 231
Rochelle
14
$130,389.50
$10,871.69
$119,517.53
$0.28
16
River Ridge Community Unit School District 210
Hanover
7
$9,504.86
$9,504.86
17
Ogle Cnty Spec Educ
Byron
9
$9,461.47
$9,460.95
$0.52
18
Morrison Community Unit School District 6
Morrison
9
$11,285.53
$8,992.75
$2,290.95
$1.83
19
River Bend Community Unit School District 2
Fulton
17
$127,984.69
$8,305.36
$119,680.11
$(0.78)
20
Eastland Community Unit School District 308
Lanark
21
$8,191.44
$8,170.78
$20.66
21
Bi-County Spec Educ Coop
Sterling
8
$72,632.60
$7,784.91
$64,839.16
$8.53
22
JoDaviess Carroll CTEA
Elizabeth
3
$7,660.05
$7,659.21
$0.84
23
Chadwick Milledgeville SD 399
Chadwick
4
$6,868.18
$6,867.75
$0.43
24
Ashton-Franklin Ctr CUSD 275
Ashton
11
$5,393.03
$5,390.57
$2.46
25
Rock Falls Township High School District 301
Rock Falls
7
$67,333.60
$4,953.21
$62,380.12
$0.27
26
Paw Paw Community Unit School District 271
Paw Paw
5
$3,462.62
$3,462.62
27
Pearl City Community Unit School District 200
Pearl City
1
$3,285.54
$3,285.54
28
Forrestville Valley Community Unit School District 221
Forreston
5
$3,249.89
$3,249.89
29
Kings CSD 144
Kings
2
$3,231.55
$3,231.55
30
Lena Winslow Community Unit School District 202
Lena
6
$8,120.24
$2,089.37
$6,022.53
$8.34
31
Montmorency Community Consolidated School District 145
Rock Falls
11
$288,810.50
$1,752.78
$287,057.59
$0.13
32
Steward Elementary SD 220
Steward
3
$11,417.51
$1,717.50
$9,700.01
33
Northwest Special Education
Elizabeth
4
$1,710.06
$1,710.06
34
Polo Community Unit School District 222
Polo
7
$55,182.16
$1,225.88
$53,954.51
$1.77
35
Scales Mound Community Unit School District 211
Scales Mound
3
$10,215.39
$965.01
$9,250.25
$0.13
36
Oregon Community Unit School District 220
Oregon
29
$91,615.72
$642.35
$90,959.97
$13.40
37
Career Tec
Freeport
1
$584.12
$584.12
38
Regional Office of Educ 47
Sterling
2
$423.32
$423.32
39
Creston Community Consolidated School District 161
Creston
1
$266.69
$266.59
$0.10
40
East Dubuque Unit School District 119
East Dubuque
5
$264.10
$263.17
$0.93
41
Stockton Community Unit School District 206
Stockton
2
$2,752.44
$217.26
$2,535.18
42
Amboy Community Unified School District 272
Amboy
6
$115.55
$115.17
$0.38

ORGANIZATIONS IN THIS STORY

Steward Elementary School District 220Byron Community Unit School District 226River Bend Community Unit District 2Bi-County Spec Educ CoopStockton Community Unit School District 206 BoardMontmorency Community Consolidated School District 145Creston Community Consolidated School District 161River Ridge Community Unit School District 210Forrestville Valley Community Unit School District 221Lena-Winslow Community Unit School District 202East Dubuque Community Unit School District 119West Carroll Community Unit School District 314 BoardRochelle Township High School District 212Meridian Community Unit School District 223Kings Csd 144Career TecEastland Community Unit School District 308Galena Unit School District 120Sterling Community Unit District 5 BoardScales Mound Community Unit School District 211Ashton-Franklin Center CUSD #275Jodaviess Carroll CteaOrangeville Community Unit School District 203Ogle Cnty Spec EducNorthwest Special EducationPolo Community Unit School District 222Rock Falls Township High School District 301Dixon Unit School District 170Freeport School District 145 BoardPaw Paw Community Unit School District 271Amboy Community Unit School District 272Warren Community Unit School District 205Chadwick-Milledgeville Community Unit School District 399Pearl City Community Unit School District 200Dakota Community Unit School District 201Erie Community Unit School District 1Rochelle Community Consolidated District 231 BoardRegional Office Of Education 47Morrison Community Unit School District 6Oregon Community Unit School District 220

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS