Senate President

The Democratic leader of the Illinois Senate says Gov. Bruce Rauner's proposed budget is "as unworkable as it is unconscionable."

Senate hears pension reform proposal for university employees

Jun 19, 2013

As lawmakers began returning to Springfield Tuesday, they had a hearing to consider the merits of yet another pension proposal. This one is aimed just at people who work for Illinois' public universities. IPR'S Brian Mackey has more.

Illinois university employees would be asked to pay two percent more out of every paycheck. And when they retired, cost-of-living increases would be just half the rate of inflation, instead of the current three percent compounded annually.