ICYMI Chair Ervin Implores CPS to Follow Through on Commitment to Pension Payment

Alderman Jason Ervin, the Chair of the City Council Budget Committee, has made a compelling case in the Chicago Tribune for the Chicago Board of Education to honor its commitment to pay a portion of the MEABF pension payment. Over the past five years, Chicago Public Schools (CPS) has consistently fulfilled this obligation, and last year, Mayor Brandon Johnson demonstrated goodwill by reducing the payment from nearly $300 million to $175 million. However, CPS, under the leadership of its current administration, is reconsidering this payment, claiming no legal obligation to do so. Ervin argues that this decision could endanger a projected surplus of over $300 million for the city next year. He warns that if CPS does not follow through, it could lead to increased taxes for citizens of Chicago.

Furthermore, Ervin highlights that such a stance undermines the financial security of CPS employees, who rely on a complete budget for proper compensation. His editorial calls for a constructive working relationship between the City Council and CPS, emphasizing that collaboration is crucial for improving educational outcomes. In summary, Ervin urges CPS to commit to the pension payment to foster a positive partnership that benefits the broader Chicago community.