Peoria Public Radio Staff
Wed May 8, 2013
Madigan says he still wants to shift pension costs to school districts
When Speaker Mike Madigan last week passed legislation out of the House that cuts public employees' pension benefits, he said he would follow up with a so-called "cost shift" measure.
"I intend to pursue the cost shift because I think we have a situation today where one person makes a spending decision and sends the bill to a second person to pay the bill. And I think that's a bad policy, but especially a bad policy for governments."
Madigan's invited education groups to a meeting on Thursday -- the first, according to a press release, of a series of meetings intended to finalize plans on a cost shift.
Critics, including many Republicans and Democrats from the suburbs -- say shoving more costs on to schools will lead to a hike in local property taxes.