Monday, February 26, 2018

ISU Trustees Mull Over State Pension, Health Care Shifts - BAYLEE STEELMAN, WGLT

A new proposal from Gov. Bruce Rauner's budget address could force universities to pick up more of the cost of pensions and health insurance for Illinois State employees. ISU's Director of Government Relations Jonathan Lackland said the total statewide cost would be $206 million for fiscal year 2019. The total breaks down to $101 million for pensions and $105 million for health care. "The funding would be provided through the Board of Higher Education, and it's currently unclear if it would be allocated to each university based upon their individual increased cost," Lackland said. If approved, the university could potentially cut program funding or raise tuition to make up the difference. http://wglt.org/post/isu-trustees-mull-over-state-pension-health-care-shift