CSDU ENDORSES JACK SILVER & ASPASIA DEMEROS

The CSDU believes that there has never been a time when our pension fund was in more need of greater protection.  Our fund must be under constant surveillance to protect it against under funding by the Board, state takeover,  graft and possible malfeasance.  We believe that the CTU endorsed trustees should not be directed by the Chicago Teachers Union and that Aspasia Demeros and Jack Silver will be beholden to no one but Chicago Teachers. 

ASPASIA DEMEROS

Aspasia Demeros has served in the CPS system for 17 years and is currently a teacher at Budlong Elementary School.  She’s multilingual,  holds a bachelor’s degree from Loyola University, and a master’s degree in Curriculum and instruction from National Louis.  She has been on the PPC committee (Professional Problems Committee), PPLC (Professional Personnel Leadership Committee), Local School Council and has been serving as a Union Delegate for the last 9 years.  She was treasurer for American Hellenic Educational Association, and was also a representative for the United American Hellenic Congress.  Aspasia has also been acknowledged in Who’s Who Among America’s Teachers.

Ms. Demeros main concern is in protecting against state takeover, kickbacks and graft, and in assuring that the Chicago Board makes its pension contributions to the CTPF and that it is imperative that CTPF trustees be independent and not connected with any entity, including the CTU.  Under her tenure there would be no impropriety or favoritism among money managers.

She would vote in favor of a 5+5 Pension Enhancement Plan.

JACK SILVER

Jack Silver was a Trustee of the $12 billion Chicago Teachers Pension Fund from 1991 through 2004. While at the Fund he was vigilant in safeguarding the assets that have been set aside to provide retirement security for public school teachers in Chicago. Jack currently is a teacher at the Jackie Robinson School, a Chicago Public School.  While a Trustee at the Fund, Jack Silver served as Vice President.

Jack has written articles about pension matters, as well as editorials that have been published in Pension & Investments, and has been interviewed by several magazines including Plan Sponsor and Fortune. He also is a noted speaker on topics covering conflicts of interests and the role of consultants in the management of public pension funds.

Jack has been involved with Chicago Teachers Union, serving as an elementary functional vice president and on various committees of the Illinois State Board of Education.

Jack is a member of the following organizations:  National Council of Teacher Retirement Systems, National Council of Public Employment Retirement Systems, American Federation of Teachers, Illinois Federation of Teachers, and Chicago Teachers Union.  For articles, click here.