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.
Will County pensions spiking penalties, 2005-present
Rank
District
City
Members
Amount Assessed
Payments Made
Waivers Granted
Written-off
Current Balance
1
Plainfield School District 202
Plainfield
117
$524,366.33
$491,910.52
$32,438.07
$17.74
2
Lincoln-Way CHSD 210
New Lenox
42
$293,545.73
$215,233.51
$78,310.32
$1.90
3
Crete Monee Community Unit School District 201U
Crete
55
$185,048.97
$152,154.99
$32,859.14
$34.84
4
Lockport Township High School District 205
Lockport
20
$169,387.90
$95,469.86
$73,904.21
$13.83
5
Steger School District 194
Steger
13
$97,018.64
$77,954.76
$19,047.76
$16.12
6
Summit Hill School District 161
Frankfort
28
$78,816.43
$63,271.36
$15,542.90
$2.17
7
Joliet Township High School District 204
Joliet
24
$143,586.00
$56,333.02
$87,247.77
$5.21
8
Lincoln-Way Area Spec Educ
Frankfort
20
$139,699.00
$54,139.84
$85,559.04
$0.12
9
Beecher Community Unit School District 200U
Beecher
11
$50,510.71
$50,502.56
$8.15
10
Laraway CCSD 70
Joliet
7
$46,198.15
$46,198.42
$(0.27)
11
Elwood Community Consolidated School District 203
Elwood
4
$39,726.60
$39,726.60
12
Peotone CUSD 207
Peotone
15
$113,508.53
$32,721.40
$80,782.55
$4.58
13
Troy Community Consolidated School District 30C
Plainfield
29
$71,057.71
$29,150.19
$41,905.10
$2.42
14
Union School District 81
Joliet
2
$28,738.21
$28,738.21
15
Manhattan School District 114
Manhattan
18
$195,230.97
$27,657.43
$167,565.52
$8.02
16
Minooka CHS 111
Channahon
10
$25,503.14
$25,496.63
$6.51
17
New Lenox School District 122
New Lenox
46
$23,391.67
$23,343.76
$47.91
18
Homer CCSD 33
Homer Glen
39
$322,066.66
$20,312.11
$301,726.98
$27.57
19
Minooka Community Consolidated School District 201
Minooka
15
$19,747.74
$19,734.43
$13.31
20
Professional Dev Alliance
Joliet
2
$17,299.29
$17,299.29
21
Reed Custer CUSD 255
Braidwood
29
$749,346.02
$16,828.20
$732,517.54
$0.28
22
Mokena School District 159
Mokena
12
$13,404.10
$13,391.19
$12.91
23
Fairmont School District 89
Lockport
2
$12,346.50
$12,346.50
24
Frankfort Community Consolidated School District 157C
Frankfort
13
$63,352.86
$12,315.61
$48,433.72
$0.72
$2,602.81
25
Wilmington CUSD 209
Wilmington
13
$188,329.48
$10,345.46
$177,984.17
$(0.15)
26
Will Cnty School District 92
Lockport
22
$309,355.75
$9,135.74
$300,216.06
$3.95
27
Lockport School District 91
Lockport
11
$354,278.45
$4,404.53
$349,873.06
$0.86
28
South Will Cnty Coop Spec Ed
Joliet
24
$29,427.18
$3,803.01
$25,612.88
$11.29
29
Channahon School District 17
Channahon
10
$3,414.00
$3,407.35
$6.65
30
Richland School District 88A
Crest Hill
3
$1,980.29
$1,979.68
$0.61
31
Chaney Monge School District 88
Crest Hill
3
$28,237.14
$1,813.19
$26,422.44
$1.51
32
Taft School District 90
Lockport
1
$1,100.60
$1,100.60
33
Braceville School District 75
Braceville
2
$418.21
$417.97
$0.24
34
Wilco Area Career Center
Romeoville
1
$200.13
$200.13
35
TREES
Joliet
1
$42.63
$42.63
ORGANIZATIONS IN THIS STORY
Minooka Community High School District 111 Board• Lockport School District 91• Lincoln-Way Area Special Education District• Homer Community Consolidated School District 33c Board• Summit Hill School District 161• Will Cnty School District 92• Lockport Township High School District 205• Peotone Community Unit School District 207u• Laraway Community Consolidated School District 70c Board• Braceville School District 75 Board• Fairmont School District 89 Board• Minooka Community Consolidated School District 201• Wilco Area Career Center• Troy Community Consolidated School District 30c Board• South Will Cnty Coop Spec Ed• Frankfort Community Consolidated School District 157c Board• Union School District 81 Board• Steger School District 194 Board• Channahon School District 17• Mokena School District 159 Board• Joliet Township High School District 204• Manhattan School District 114• Plainfield School District 202 Board• New Lenox School District 122 Board• Richland School District 88a• Elwood Community Consolidated School District 203• Wilmington Community Unit School District 209u• Lincoln Way Community High School District 210• Reed Custer Community Unit School District 255u• Taft School District 90• Trees• Beecher Community Unit School District 200u• Professional Dev Alliance• Chaney Monge School District 88
!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.
DONATE
Help support the Metric Media Foundation's mission to restore community based news.
Alerts Sign-up