Three Problems With Gov. Rauner’s FY2019 Pension And Retirement Proposals
Release: February 16, 2018
This week, Gov. Bruce Rauner gave his fiscal year (FY) 2019 budget address, revealing his revenue and expenditure proposals for the upcoming year. The governor’s proposal relies on $1.5 billion in cost reductions to balance the budget, including:
Issue Brief: Shifting the Normal Cost & Employer "Pick-Ups" for Teachers
Release: March 7, 2012
This Issue Brief provides an overview of school districts contributions to the Teachers Retirement System, facts concerning the issue of employer pick-ups, and how shifting the responsibility for paying for teacher pensions would impact school districts.