State pension update

NIU President John G. Peters

NIU President John G. Peters

Northern Illinois University President John G. Peters sent a video message to NIU faculty and staff Friday, February 10, regarding a recent analysis of Illinois’ public pension problem.

Colleagues,

The prestigious Illinois Institute of Government & Public Affairs has released an insightful analysis of Illinois’ public pension problem and proposes a set of reforms for the SURS that meet the standards of the Illinois constitution and provides fiscal sustainability for the system going forward. It is built on the concept of shared responsibility among the state, its universities and employees.

Please take the time to view the video and to click the link below for more information about this insightful report and the proposal contained within. Thank you for your time and thoughtful consideration.

Sincerely,

John G. Peters
President

 

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The IGPA reform proposal for the State Universities Retirement System (SURS) is contained in this pdf document.

 

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