Quantcast

South Central Reporter

Monday, December 23, 2024

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

Test 12

Out of school districts in South Central Illinois, Teachers Retirement System 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.

South Central Illinois pensions spiking penalties, 2005-present

Rank
District
City
Members
Amount Assessed
Payments Made
Waivers Granted
Written-off
Current Balance
1
Teachers Retirement System
Springfield
9
$211,766.06
$176,633.58
$35,132.48
2
Sandoval Community Unit School District 501
Sandoval
9
$90,290.46
$90,282.22
$8.24
3
Warren G Murray Dev Ctr
Centralia
3
$69,487.02
$68,290.04
$1,196.98
4
Bunker Hill Community Unit School District 8
Bunker Hill
14
$64,696.48
$55,021.17
$9,673.35
$1.96
5
Taylorville Community Unit School District 3
Taylorville
35
$149,416.77
$50,260.36
$99,156.41
6
Hillsboro Community Unit School District 3
Hillsboro
20
$176,767.79
$44,290.35
$132,476.10
$1.34
7
Salem Community High School District 600
Salem
16
$149,777.56
$32,279.32
$117,498.10
$0.14
8
Vandalia Community Unit School District 203
Vandalia
35
$73,073.63
$30,683.23
$32,155.98
$34.43
$10,199.99
9
Southwestern Community Unit School District 9
Brighton
10
$39,849.79
$24,772.52
$15,077.27
10
Bond County Community Unit School District No. 2
Greenville
17
$140,991.69
$23,848.54
$117,143.01
$0.14
11
Northwestern Community Unit School District 2
Palmyra
7
$41,965.19
$23,154.30
$18,810.47
$0.42
12
Gillespie Community Unit School District 7
Gillespie
6
$34,676.07
$22,200.53
$12,475.54
13
Panhandle Community Unit School District 2
Raymond
10
$21,575.43
$21,564.57
$10.86
14
Morrisonville Community Unit School District 1
Morrisonville
8
$18,091.79
$18,091.48
$0.31
15
Central CHS 71
Breese
9
$17,211.02
$17,211.02
16
Ramsey Community Unit School District 204
Ramsey
3
$17,263.28
$16,718.27
$545.01
17
North Mac Community Unit School District 34
Girard
22
$55,084.16
$16,041.43
$39,042.02
$0.71
18
Pana Community Unit School District 8
Pana
22
$203,339.21
$11,501.74
$191,833.62
$3.85
19
Oakdale Community Consolidated School District 1
Oakdale
2
$10,192.06
$10,191.78
$0.28
20
Breese SD 12
Breese
8
$8,528.76
$8,521.23
$7.53
21
Carlinville Community Unit School District 1
Carlinville
31
$20,169.77
$7,800.37
$11,620.61
$10.11
22
Litchfield Community Unit School District 12
Litchfield
34
$89,621.24
$6,799.11
$82,803.30
$18.83
23
Ashley Community Consolidated School District 15
Ashley
8
$6,710.39
$6,710.24
$0.15
24
Staunton Community Unit School District 6
Staunton
5
$11,621.42
$6,506.15
$5,115.14
$0.13
25
Edinburg Community Unit School District 4
Edinburg
3
$4,956.58
$4,955.14
$1.44
26
Calhoun-Grne-Jrsy-Macoupin ROE
Jerseyville
1
$3,889.31
$3,889.31
27
Centralia High School District 200
Centralia
4
$36,500.04
$2,889.37
$33,610.67
28
St. Elmo Community Unit School District 202
St Elmo
4
$2,840.61
$2,840.61
29
South Fork School District 14
Kincaid
3
$2,728.37
$2,728.37
30
West Washington CUSD 10
Okawville
2
$2,688.69
$2,688.52
$0.17
31
Damiansville School District 62
Damiansville
2
$2,586.77
$2,586.77
32
Odin Public School Dist 722
Odin
2
$2,373.21
$2,373.21
33
Patoka Community Unit School District 100
Patoka
5
$4,796.26
$2,127.85
$2,667.59
$0.82
34
Carlyle Community Unit School District 1
Carlyle
4
$2,009.12
$2,009.25
$(0.13)
35
Brownstown Community Unit School District 201
Brownstown
3
$1,839.48
$1,839.48
36
South Central CUSD 401
Kinmundy
13
$89,245.31
$1,183.65
$88,051.67
$9.99
37
Mt Olive USD 5
Mt Olive
11
$10,779.95
$555.92
$10,221.54
$2.49
38
Wesclin Community Unit School District 3
Trenton
3
$289.66
$286.91
$2.75
39
Willow Grove School District 46
Centralia
3
$7,948.55
$205.18
$7,743.09
$0.28
40
South Macoupin Asoc for Sp Ed
Staunton
1
$192.52
$192.52
41
Irvington Community Consolidated School District 11
Irvington
1
$164.62
$163.50
$1.12
42
Nashville Community High School District 99
Nashville
8
$82,921.24
$39.64
$82,880.65
$0.95
43
St Rose SD 14
St Rose
3
$5,927.23
$35.06
$5,892.17
44
Kaskaskia Special Education
Centralia
4
$9,895.68
$30.91
$9,864.77

ORGANIZATIONS IN THIS STORY

Ramsey Community Unit School District 204Staunton Community Unit School District 6Willow Grove School District 46Morrisonville Community Unit School District 1 BoardSouth Macoupin Association for Special EducationOdin Public SchoolWesclin Community Unit School District 3Edinburg Community Unit School District 4Patoka Community Unit School District 100Teachers' Retirement System of the State of IllinoisCentral Chs 71Irvington County Community Unit School District 11Carlyle Community Unit School District 1Panhandle Community Unit School District 2St. Rose School District 14Kaskaskia Special EducationVandalia Community Unit School District 203Warren G Murray Dev CtrSalem Community High School District 600South Fork School District 14 BoardSt. Elmo Community Unit School District 202Mt Olive Usd 5Sandoval Community Unit School District 501Pana Community Unit School District 8West Washington Cusd 10Oakdale Community Consolidated School District 1Carlinville Community Unit School District 1 BoardNorth Mac Community Unit School District 34Nashville Community High School District 99 BoardHillsboro Community Unit School District 3Ashley Community Consolidated School District 15Southwestern Community Unit School District 9 BoardNorthwestern Community Unit School District 2 BoardTaylorville Community Unit School District 3Damiansville School District 62South Central Community Unit School District 401 BoardCalhoun-Grne-Jrsy-Macoupin RoeBunker Hill Community Unit School District 8Gillespie Community Unit School District 7Brownstown Community Unit School District 201Breese School District 12 BoardLitchfield Community Unit School District 12 BoardBond County Community Unit School District 2 Board

!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