With one proposal to pay off Illinois’ pension debt asking the typical homeowner to pay more than $1,900 in additional property taxes for the next 30 years, the stakes for pension reform have never been clearer.View Report
The Government Severance Pay Act would spare taxpayers the burden of providing excessive severance payouts to outgoing public officials.
The Government Severance Pay Act would restrict outgoing officials from exiting office with excessive severance pay.
The Northern Illinois University Board of Trustees approved an expensive severance package for former university President Doug Baker, despite the scandal ending his tenure.
The Board of Trustees at Northern Illinois University granted a $600,000 severance package to outgoing university President Doug Baker, who resigned following a state investigation into his management of the university. But after a court struck down that agreement, the board is set to vote again.
Administrative costs at Illinois universities have spun out of control. The latest example comes as the Northern Illinois University Board of Trustees voted to approve a $600,000 golden parachute for President Doug Baker.