Tagged: Illinois pensions

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Morning round-up
9:23 am
Mon February 20, 2012

Morning headlines: Monday, February 20, 2012

Credit (via Flickr/Adam Procter)
The University of Missouri System's flagship campus in Columbia, Mo.

University of Missouri Curators to consider raising tuition today

The special meeting comes after the governing board postponed consideration of a tuition increase three weeks ago at its regular meeting in Kansas City. This time, the curators will meet by video teleconference along with new university president Tim Wolfe.  

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Morning round-up
9:31 am
Tue January 31, 2012

Morning headlines: Tuesday, January 24, 2012

Credit Flickr/jglazer75
The dome of the Ill. Capitol.

Spring session kicks off today in Illinois

Legislative leaders say budget items are expected to top the agenda in the coming weeks. Those items include the state's troubled pension system and Medicaid costs.

House Deputy Majority leader, Democrat Frank Mautino, says Medicaid reform could end up being more controversial than pensions. Mautino says payment cycles are stretching too long and that cuts have to be made.

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"Pension Abuse" / Illinois
11:31 am
Thu January 5, 2012

Quinn signs pension reform into law, aims to end practice of "double-dipping"

Credit (via Flickr/ChrisEaves.com)
Ill. Gov. Pat Quinn.

Gov. Pat Quinn has signed into law pension reforms aimed at fixing some loopholes in the system.

The law takes effect immediately. It aims to end the practice of so-called double dipping for public employees. In some cases, employees took leaves to work for their unions but continued to build benefits in government pension systems based on union pay.

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