cost shift

Pensions
5:19 pm
Tue May 28, 2013

Rep: Pension Shift Would Cost Schools Nothing

Reps. Darlene Senger (left) and Elaine Nekritz discuss pensions in a Statehouse conference room.
Credit Brian Mackey/WUIS

Members of the Illinois House continued pushing for their version of a pension overhaul Tuesday. The latest twist could affect how public school teachers' pensions are funded. Brian Mackey has more.

One of the more contentious issues in the debate over government pensions in Springfield has been who should pay for teachers' retirement benefits.

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Pension Cost Shift
5:47 pm
Thu May 16, 2013

Universities Agree To Pay Pension Tab

SIU President Glenn Poshard, left, and U of I President Robert Easter, center, testify at a House hearing Thursday on the pension cost shift.
Credit Amanda Vinicky/WUIS

Illinois universities and community colleges have signed on to a deal that would have them pick up the cost of their employees' retirement benefits.  It's part of lawmakers' ongoing efforts to reduce how much the state is spending on pensions. 

Illinois has cut its spending on universities for years ... and even more reductions are expected next year.

School administrators say it's forced them to hike tuition, and to leave positions unfilled.

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