NIU is preparing for an estimated loss of 800 or more employees, as the number of retirement applications to the State Universities Retirement System has reached an all-time high.Pension reform — P.A. 98-599 — signed into law Dec. 5 will change the...
Faculty Senate President Alan Rosenbaum advised NIU employees to receive pension advising because of the state’s changes to the programRosenbaum spoke at the Faculty Senate meeting Wednesday in the Holmes Student Center’s Skyroom.SURSRosenbaum warned...
Past deadline and without pay, the General Assembly has yet to come to a decision in regard to pension reform.With Illinois state employees’ salaries frozen and pension plans up in the air, a conference committee has been set up to more efficiently...
NIU President John Peters and other senior administrators have developed a plan to help stabilize the State Universities Retirement System (SURS). The plan would feature a gradual shift to being funded entirely by its users by 2044. The system is currently...
