Near-Bankrupt Illinois Aims to Deflate ‘Golden Parachute’ Payouts for Public Officials0

• Economics
• April 18, 2018

In Illinois, neither scandal nor misconduct have sufficed to keep some government officials from receiving lavish severance payouts. One proposal in the General Assembly, however, aims to relieve taxpayers of this obligation. Senate Bill 3604, filed April 10 by state Sen. Tom Cullerton, D-Villa Park, would limit government workers’ ability to collect extravagant severance packages,