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Tag: pension
John G. Peters
NIU will host a town hall-style meeting at 1:30 p.m. today in the Carl Sandburg Auditorium of the Holmes Student Center. At that meeting, NIU President John G. Peters and Steve Cunningham, vice president for Administration and Human Resources, will present an overview of the current situation including a brief history, implications for SURS and...
John G. Peters
NIU President John G. Peters emailed this message to the campus Wednesday, Feb. 29. Colleagues, As part of our ongoing efforts to provide you with timely information regarding proposed changes to our pension plans, the university will host a town hall-style meeting at 1:30 p.m. Wednesday, March 7, in the Carl Sandburg Auditorium of the...
NIU State Pension & Budget Update website logo
Northern Illinois University’s updated State Pension & Budget Update website debuts Feb. 22 in conjunction with Gov. Pat Quinn’s budget address. The governor’s address traditionally begins the budget process in the State of Illinois. The updated website includes a link to view or listen to the governor’s budget speech, pension reform information and updates as...
Stack of money next to ruler
In Springfield … This will be a very busy week in Springfield. Gov. Pat Quinn will give his Fiscal Year 2013 Budget Message at noon Wednesday, Feb. 22. You will recall that in his Feb. 1 State of the State message, he talked about his desire to eliminate a tax on natural cost (at an...
State Pension & Budget Update
In Springfield … The Illinois General Assembly finished its second week of the scheduled fall veto session Thursday, Nov. 10. However, the House of Representatives has been called back Tuesday, Nov. 29, to deal with some large, outstanding issues. We are uncertain at this time if the Senate also will be called back. Senate Bill 512,...
State Pension & Budget Update
The House Personnel and Pension Committee endorsed SB 512 on a 5-4 vote Tuesday evening, sending the bill to the House floor for consideration. The bill would create three different “tiers” of pension benefits and costs, some of which would compel employees to pay significantly more; another that would offer reduced benefits; and a third...
John G. Peters
NIU President John Peters joined other university presidents and chancellors from around the state Thursday in signing a letter sent to Gov. Pat Quinn that outlines their objections to proposed changes in the state pension system. “Senate Bill 512, backed by the Civic Committee of the Commercial Club of Chicago, is but one approach. As...
State Rep. Robert Pritchard
State Rep. Bob Pritchard vowed Thursday that he would not support a proposed pension reform bill that could come up for a vote as early as next week. “I will be a no vote on SB 512, and I will urge my colleagues to also vote no,” said Pritchard (R-Hinckley), whose district includes DeKalb. His...
Illinois Gov. Pat Quinn
In Springfield … The Illinois General Assembly convened for the first week of the fall veto session, which began Oct. 25. It was a tough week for Gov. Pat Quinn, with the General Assembly taking the following actions: Collective bargaining House Speaker Michael Madigan introduced HJR 45, which seeks to involve the General Assembly in...
State Rep. Robert Pritchard
NIU’s Operating Staff Council will host State Rep. Robert Pritchard at 10 a.m. Thursday, Nov. 3. The Republican legislator from Hinckley will gather with the group in the Carl Sandburg Auditorium of the Holmes Student Center to address issues related to the ongoing debate in Springfield regarding pension reform. This meeting was previously scheduled for the...
Interior of the Illinois State Capitol Building in Springfield
A number of bills were introduced within the last two weeks related to pension reform, primarily in response to recent stories by the Chicago Tribune and Fox News. These bills are intended to close “loopholes” that have allowed the type of lucrative pension benefits that have been highlighted by the media. With the fall veto...
NIU President John G. Peters
Northern Illinois University has launched yourpension.niu.edu, a website designed specifically to help employees stay informed on the debate in Springfield regarding employee pensions. “There are few issues with potentially greater consequences, and we want to ensure that employees, annuitants and others have easy access to the most up-to-date information and resources to help them understand...
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