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Eric,in your article you mention that after a couple of days you feel that you barely grasp the intricacies. This is a complicated subject that needs a lot more in-depth analysis and some backup - more than one short article. For example you state that suburban school districts contribute less than one-sixth of 1 percent of the overall annual pension obligations. Although I trust you, I find this very hard to believe. Where can I verify this? I checked my last DuPage tax bill and it shows that 2.15% of my total bill goes toward teacher's pensions. Thanks. ZORN REPLY -- My supposition is that, since this is based on an overall figure for the state and therefore an average that your area is above average.
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Mar 30, 2011