On Monday, the Chicago Teachers Union rejected a four-year proposal. The union claims that this proposal does not address issues at the school and will require teachers to contribute more toward healthcare and pension costs. The school district is currently facing a $500 million deficit. Teachers have already been in negotiations with the school board over this new contract for more than a year.
See "Chicago Teachers Union Rejects 'Serious Offer' From District", The New York Times, February 2, 2016