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September 23, 2014, 1:19 pm
970 WMAY News

Teacher Pension Shift Plan Pushed by Madigan


It’s not part of his comprehensive pension reform plan, but House Speaker Mike Madigan is pressing ahead with separate legislation that would shift the state’s share of teacher pensions back on to local school districts.

 

The state covers those costs for downstate and suburban Chicago districts… a practice that Madigan calls a “free lunch” for those school systems.

 

The cost shift idea had been included in several previous failed attempts at pension reform.

 

Opponents say the move will simply lead to more program cuts or higher property taxes at the local level.

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