Robert Easter http://peoriapublicradio.org en Universities agree to pick up cost of employee retirement benefits http://peoriapublicradio.org/post/universities-agree-pick-cost-employee-retirement-benefits <p></p><div>Illinois universities and community colleges have signed on to a deal that would have them pick up the cost of their employees' retirement benefits. &nbsp;It's part of lawmakers' ongoing efforts to reduce how much the state is spending on pensions. IPR’S Amanda Vinicky reports.</div><div><p><span style="line-height: 1.5;">Illinois has cut its spending on universities for years, and even more reductions are expected next year. School administrators say it's forced them to hike tuition, and to leave positions unfilled. And yet they've agreed to a plan that could collectively cost them hundreds of millions of dollars.</span></p></div><div> Fri, 17 May 2013 12:13:35 +0000 Denise Molina & Amanda Vinicky 5754 at http://peoriapublicradio.org Universities agree to pick up cost of employee retirement benefits