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Illinois Budget Affects Teachers
Mon February 27, 2012
Quinn's Budget Would Affect Retired Illinois Teachers
Illinois Governor Pat Quinn wants to eliminate the state's contributions toward health insurance benefits for retired school teachers and community college professors across the state. Those cuts are part of the budget proposal he unveiled last week. They target two insurance programs and would save the state about $92 million. About 77,000 retired teachers and their dependents are covered under the Teachers Retirement Insurance Program and the Community College Insurance Program. If Quinn's plan is approved, retirees could be forced to pay higher premiums. The extra costs could also be shifted to school districts, which could mean higher property taxes. Quinn spokesperson Kelly Kraft says the change is necessary because of what she called "fiscal challenges created over decades of mismanagement."