Illinois officials will gather financial information from the state’s more than 800 school districts over the next two weeks to understand how shifting pension costs away from the state would affect those districts.
“The more facts we could gather regarding what the impact would be on school districts,” Gov. Pat Quinn said, “it would be very important facts we should know.”
The governor initially supported shifting the cost of future pensions for downstate teachers and university workers to school districts and universities but backed away as the legislative session waned.
A revised plan to overhaul state pensions has cleared its first hurdle and is headed to the Illinois House.
Just yesterday, partisan differences had threatened to kill prospects for a pension overhaul when Republicans refused to go along with House Speaker Michael Madigan's plan to cut pension costs. Madigan transferred sponsor ship to House Republican Leader Tom Cross.
The Illinois House is divided over a measure that would bring major changes to the state's pension system. The plan was approved by a committee on Tuesday. But it ignited a tense debate on the House floor.