Ugaste says school districts should play by same rules as everyone else
Republican House hopeful Dan Ugaste wants to see logic prevail in the way Illinois manages its school pension system.
“Certain districts shouldn’t be able to burden others or the entire system for something they only want to see happen in their own districts,” he told the Kane County Reporter. “If districts want to do something that runs counter to the rules everyone else has to live under they should be held responsible for the consequences.”
Several public school systems have been forced to pay out upwards of $50 million in penalties and fines to the Teacher’s Retirement System for violating a 2005 law regarding “pension spiking,” according to the Illinois News Network (INN).