SURS

Pension reform
2:59 am
Thu May 8, 2014

A Different Take On A State Pension Law Could Stop Flood Of Retirements

Credit Susan Stephens / WNIJ

State university employees are rushing to retire because of last year’s state pension reform law. Now a new interpretation of that law indicates it may not drastically reduce pension amounts for some retirees  after all.

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Pensions
4:00 am
Mon April 30, 2012

What's the impact of Gov.'s pension fix?

NIU's Steven Cunningham, VP for administration & human resources

Illinois Governor Pat Quinn wants state institutions, such as Northern Illinois University, to contribute to their workers' pensions.  Currently, the state pays the employer share of contributions.   Quinn's plan would slowly shift the responsibility for paying the "normal cost of pensions" to universities, community colleges and school districts. 

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