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Will County Gazette

Tuesday, April 23, 2024

Records show how much Will County school districts have paid for spiking teacher pensions ahead of retirement

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Out of school districts in Will County, Plainfield School District 202 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.

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

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