Chicago Schools Make Pension Payment; 1,400 Jobs ‘Impacted’

SPRINGFIELD, Ill. (AP) — The interim CEO of Chicago Public Schools says approximately 1,400 jobs will be "impacted" after the district had to borrow money to make a $634 million pension payment.

Jesse Ruiz said Tuesday in a statement that the district must make $200 million in cuts. He blamed Illinois lawmakers he said failed to address CPS' financial crisis.

Ruiz didn't elaborate on how the jobs would be affected, and a spokeswoman didn't respond to questions. A city official says a plan will be laid out Wednesday.

Tuesday was the deadline for CPS to make the payment. Ruiz and Mayor Rahm Emanuel had been pushing lawmakers to approve a 40-day delay they said would give CPS and the Legislature time to find a long-term solution.

But the proposal didn't have enough support to pass.

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