Last week, the Illinois governor’s budget address outlined several proposals to reduce state spending. One focuses on K-12 schools.
Illinois Gov. Bruce Rauner wants public school districts to begin “cost sharing” their employees’ state pensions over the next few years. Districts would be responsible for 25 percent of their pension cost during the first year, then an additional 25 percent each of the following three years. He said this overhaul is a fiscal necessity.