K-12 Tax & Spending Climate: Illinois plans to shift pension costs from the state to universities and community colleges

Kurt Erickson:

A plan to slowly shift employee retirement costs from the state to universities and community colleges won approval in the Illinois House on Thursday as part of a last-minute push by lawmakers to find a solution to the state's pension mess.

The move came as Democrats in the Senate killed off a pension reform proposal that had won earlier approval in the House. They said the plan, backed by House Speaker Michael Madigan, D-Chicago, wasn't constitutional.

Posted by Jim Zellmer at June 1, 2013 1:31 AM
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