Violet State Governor Proposes Pension Cost Shift to Schools and Universities.

Illinois Governor Rauner proposes phasing in a shift in pension funding from the state to local school districts and university systems.

The pension phase cost shift to school districts and universities: Over 4 years, 25% cost shift per year

Will school districts and univerisities receive more funding? Yes + flexibility in contracting, bidding and sharing services

Pensions & Investments | Illinois governor proposes shifting pension costs to school districts, universities