Tuesday, June 18, 2013

Latest local news, weather and high school sports for Tri-State area

Pension reform a heated topic in Springfield
Posted: 05.30.2012 at 8:15 AM
KHQA Newsdesk
0
Photo

SPRINGFIELD, ILL. (AP) -- There was heated debate Tuesday in Springfield as lawmakers discussed a plan to cut government pensions and shift some retirement costs to schools.

The House approved the measure to reduce annual cost-of-living increases for public employees like state workers, university staff and downstate teachers.

It also gradually makes schools and universities pay the cost of retirement benefits for their employees, as Chicago schools already do.

Opponents argue schools would be stuck with a huge expense at a time when money is already tight.

However, House Speaker Michael Madigan said the shift would make schools come up with the money they promise to their employees. He says that's the American way.

A House pension committee approved the bill 6-3 Tuesday.

(Copyright ©2012 by The Associated Press. All Rights Reserved.)

Related Links

Popular Stories
Thumbnail
Former Kutters location undergoes chicks invasion
KHQA Newsdesk  |  Yesterday at 3:33 PM  |  3 comments
Thumbnail
Ralls County 911 director resigns
Jim Whitfield  |  2 hours, 13 minutes ago
Thumbnail
Flash flood claims 2-year-old boy
KHQA Newsdesk  |  Yesterday at 11:02 AM  |  12 comments
Follow Connect Tri-States
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Beauty & Wellness
Beauty and wellness info from our experts
Expert Connect Legal
Legal info from our experts
Home & Garden
Home and garden info from our experts
Expert Connect Auto
Automotive info from our experts
ADVERTISEMENT