Illinois state pensions

Pensions
8:42 am
Fri May 3, 2013

Illinois House Approves Madigan's Pension Reform Plan

Credit state of Illinois

One of the toughest issues facing Illinois lawmakers is moving along in the legislature. The House approved a plan supported by House Speaker Michael Madigan this afternoon. It now moves to the Senate.

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Pensions
4:00 am
Mon April 30, 2012

What's the impact of Gov.'s pension fix?

NIU's Steven Cunningham, VP for administration & human resources

Illinois Governor Pat Quinn wants state institutions, such as Northern Illinois University, to contribute to their workers' pensions.  Currently, the state pays the employer share of contributions.   Quinn's plan would slowly shift the responsibility for paying the "normal cost of pensions" to universities, community colleges and school districts. 

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