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Tag: pension
NIU President John G. Peters
NIU President John G. Peters emailed NIU faculty and staff Tuesday, Oct. 25, regarding the fall veto session in Springfield and Senate Bill 512. Dear Colleagues, Over the next several weeks during the Veto Session, legislators are expected to take action on Senate Bill 512, which would impose significant changes in the way that pensions...
In Springfield … Fall Veto Session begins Tuesday, Oct. 25, and we are seeing public statements by various elected officials on items they hope will be addressed during the six days of this session. Gov. Pat Quinn, who used his amendatory veto on House Bill 1353, is hoping that the General Assembly will not override...
With the Illinois General Assembly’s Fall Veto Session less than a month away, look for the issue of state employee pension plans to start creeping back into the headlines, says Steve Cunningham, NIU vice president for Administration and Human Resources. The topic dominated much of the discussion at the end of the spring legislative session,...
Photo of a traffic light on "yellow"
In Washington, D.C. … Activities in Washington over the past week bring to mind a quote from that great sage, Yogi Berra: “It’s déjà vu all over again.” Once again, Congress found itself at a critical juncture to approve a Continuing Resolution (CR) that would allow the federal government to operate Saturday, Oct. 1, the...
Photo of scissors cutting $100 bill
In Washington, D.C. … All eyes in Washington are focused on the activities of the Deficit Reduction Super Committee, which is under a very tight deadline to come up with an additional $1.5 trillion in spending cuts before Thanksgiving or face mandatory reductions in all areas of federal spending. President Obama and House Speaker John...
NIU President John G. Peters
Efforts to repair the state’s failing pension system should not punish those who have faithfully paid into that system, NIU President John Peters said today in his keynote address at the State University Annuitants Association annual meeting in Springfield. “It is unfair to lay this problem at the feet of employees and annuitants. In the...
NIU President John G. Peters
We closed the books on another semester two weeks ago, which in theory means that it was a time to catch our breath … but not so this year.
Seal of the State of Illinois
The General Assembly closed out its spring session Tuesday night by passing a budget for Fiscal Year 2012, but set aside issues related to pension reform and annuitant health insurance premium changes. Both of those items are expected to be the topic of continued discussion and debate over the summer and are scheduled to be...
Legislation that could dramatically increase the cost of health insurance for current and future state of Illinois annuitants, including erasing the benefit of free health care for those who retire with 20 or more years of service, has moved to the floor for debate. The legislation, Senate Bill 175 (Amendment 3), was endorsed by the...
Money & ruler
On behalf of the university Lori Clark from NIU’s Office of Governmental Relations submitted to the Senate Executive Committee on Sunday, May 29 a written position statement from NIU Vice President of Human Resources Steve Cunningham.  The statement outlines NIU’s opposition to Senate Bill 175 which would significantly alter retiree health care benefits.  Cunningham’s statement is...
State Pension & Budget Update
The Illinois House Personnel and Pension Committee today recommended approval of an amended version of Senate Bill 512, which would dramatically change the way that the state handles employee pensions. The committee voted 5-2, with one member voting “present,” to send the bill to the floor for debate. Sponsor of the bill, Rep. Tom Cross,...
State Pension & Budget Update
NIU Vice President of Human Resources is testifying this morning before the Personnel and Pension Committee regarding Senate Bill 512 which would significantly alter the way employee pensions are handled. Cunningham’s testimony, outlining our grave concern about these proposed changes, is below. Personnel and Pensions Committee Written Testimony of Steven D. Cunningham Northern Illinois University...
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