Although they're facing budget cuts, universities and community colleges have said they're willing to begin taking on employees' pension costs.
The Illinois House of Representatives has approved a massive overhaul of state pensions.
It's the first time the House has passed such a plan after more than a year of negotiating and many failed attempts.
Illinois Republicans had a theme when they met in Tampa for the Republican National Convention: Fire Madigan.It’s more than a slogan for the state GOP. It’s an all-out marketing campaign against the Illinois House speaker. It includes t-shirts, buttons and even a baby bib that read “Fire Madigan.” The GOP blames Michael Madigan for allowing the state to slide into a fiscal mess. But Madigan said it’s Republicans who are unwilling to do what he called the "heavy lifting."
Democratic Illinois Governor Pat Quinn and House Speaker Michael Madigan (D-Chicago) support a proposal to shift the pension funding burden from the state to local school districts.
But State Senator John Sullivan (D-Rushville) said there are good reasons to oppose the plan.
“It's a triple whammy for the districts,” Sullivan said. He pointed out:
1) Local districts would be burdened with the responsibility for a major expense.
2) State financial support for school districts continues to decline.