‘Pension Spiking’ For D-86 Teachers Under New Pact

Link: https://patch.com/illinois/hinsdale/pension-spiking-d-86-teachers-under-new-pact


The Hinsdale High School District 86 board on Thursday approved a two-year agreement with the teachers union, including a “pension spiking” provision and relatively small pay raises.

The agreement is retroactive to the beginning of the 2020-21 school year. Over the two years, teachers are expected to see base salary increases amounting to 2.2 percent.

Under the agreement, the teachers will now get 6 percent annual increases in the last four years of their careers, up from the current 3 percent.

Author(s): David Giuliani

Publication Date: 29 January 2021

Publication Site: Patch