* Daily Herald…
Illinois House Speaker Michael Madigan said Thursday a controversial pension solution that would require suburban school districts to eventually pick up the tab for their teachers’ retirement costs is inevitable.
“This is going to happen,” the powerful Chicago Democrat said. “There will be a new plan.”
Brent Clark of the Illinois Association of School Administrators said a district’s ability to absorb pension costs may hinge on its property tax wealth. The more reliant on state aid a district is, the less likely it can accomodate the cost shift.
“The more property wealth they are sitting on, the more likely they are to be able to manage this,” he said.
Clark also suggested that school districts be given latitude in following some state mandates. A district could determine “which ones are actually appropriate for the district or not.” That could free up money that could then be directed to pension costs, he said.
* The Question: Could you support any sort of cost-shift plan? Take the poll and then explain your answer in comments, please.