Rauner Signs Law Restricting Severance Packages For CC Presidents

(Springfield, IL) — A new state law won’t allow community college presidents to get golden-parachute severance packages anymore. The bill signed by Governor Rauner yesterday was in response to the continuing dispute over a large buyout deal given to College of DuPage President Robert Breuder. The law bans severance packages worth more than a year’s salary and benefits.