Posted March 18, 2017 8:14 am by Comments (1)

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More than 50 percent of the state’s $4.1 billion budget for public universities is spent on retirement costs alone.

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1 Comment on "Illinois universities charge high price for perverse priorities – Illinois Policy"

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Andrew Szakmary

Not sure what this has to do with universities as a practical matter. Pension payments may be allocated to universities as a budget item but legally and constitutionally they are a state responsibility, and most of the payments the State now makes to SURS is catch-up for past underfunding.

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