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Barbara Flynn Currie

Chicago schools make pension payment; 1,400 jobs 'impacted'

The interim CEO of Chicago Public Schools said Tuesday 1,400 jobs will be "impacted" after Illinois lawmakers failed to provide relief and the financially struggling district had to borrow money to make a $634 million contribution to its teacher pension funds. Jesse Ruiz said in a statement that CPS must make $200 million in cuts, and he blamed Illinois lawmakers for "driving the district further into debt." Mayor Rahm Emanuel, speaking at a news conference earlier in the day, described the nation's third-largest district as being at "a breaking point." "As we have said, CPS could not make the payment and keep cuts away from the classroom, so while...

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