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Tag: retirement
Screen capture of an accounting spreadsheet
Individuals planning to retire, who want assistance completing their SURS application forms, can attend one of nearly two-dozen retirement application processing sessions offered by Human Resource Services between April 26 and May 30. A complete listing of sessions can be found online here. There are specific sessions for those enrolled in the Traditional and Portable...
'Road to Retirement' highway sign
The State Universities Retirement System of Illinois has posted an update regarding pension reform amendments. Gov. Pat Quinn signed PA98-599 Dec. 5, 2013. Because the amendments pertaining to employees in SURS Tier I (Traditional and Portable) Defined Benefit plan are complex, retirement plan administrators must rely on SURS when they interpret options and benefit calculations...
SURS: State Universities Retirement System of Illinois logo
A retirement specialist from the State Universities Retirement System (SURS) will be on campus Wednesday, April 23, and Thursday, April 24, to meet with individual employees to discuss retirement estimates. Sessions will take place in rooms 303 and 304 of the Holmes Student Center. The SURS individual counseling eligibility guidelines and procedures can be reviewed online. SURS...
State Pension & Budget Update
Northern Illinois University employees will have an opportunity Wednesday, Nov. 20, to speak with state legislators about the Illinois state pension system. The event takes place from noon to 1:30 p.m. in the Carl Sandburg Auditorium of the Holmes Student Center. Legislators planning to attend are Sens. Dave Syverson and as well as Reps. Mike...
Illinois State Capitol building in Springfield. Photo courtesy Illinois Board of Tourism.
According to the Illinois Department of Central Management Services, the deadline for submitting documentation for the State of Illinois Retiree Group has been extended to Friday, Dec. 6, because of the federal government shutdown. There is no need for anyone in this group to request an extension prior to Friday, Oct. 25. Members of the...
Bill Finucane
NIU Transportation and the Division of Finance & Facilities are hosting a farewell reception Tuesday, June 11, for Bill Finucane. The event takes place from 2:30 to 4:30 p.m. in Altgeld Hall Room 315 (the Board of Trustees Room). Remarks are planned at 3 p.m. All are welcome. Finucane, longtime manager of the transportation department,...
Symbol of the State of Illinois
The Illinois General Assembly adjourned Friday evening without taking action to resolve Illinois’ pension funding crisis. Illinois public university presidents and chancellors worked diligently this spring to craft a viable solution to the SURS funding problems. The Illinois Government & Public Affairs Policy Institute (UIUC) developed a Six Point SURS Pension Reform Plan that was promptly...
Eddie R. Williams
A farewell reception is planned from 3 to 4:30 p.m. Wednesday, May 29, for Eddie R. Williams. The event takes place in the Altgeld Auditorium. Remarks are scheduled at 3:30 p.m. All are welcome. Williams came to NIU as an assistant professor of mathematics in 1970. Forty-three years and a lifetime of personal and professional...
Eddie R. Williams
Hanging prominently on the wall in Eddie R. Williams’ office is his framed, signed original offering letter from Northern Illinois University when he was extended his first full-time teaching position as an assistant professor of mathematics in 1970. Forty-three years and a lifetime of personal and professional achievement and service later, Williams announced he will...
'Road to Retirement' highway sign
Presidents and chancellors at public universities and colleges across the state reached an agreement in principal with House Speaker Michael J. Madigan and House leaders Thursday for public universities to assume the employer share of employee pension costs beginning in FY2015. The hope is that Thursday’s agreement might help break up the logjam in Springfield...
Aquanette Simpson
Aquanette Simpson, director of Employee Services and Human Resource Development (ESHRD), has announced her retirement after 33 years at Northern Illinois University. NIU’s Division of Finance and Facilities joins ESHRD in inviting the campus community to a retirement open house planned in her honor from 2 to 4 p.m. Friday, May 31, in the Clara...
NIU President John G. Peters
Dear Colleagues, I am writing to you today to update you with some very important information relative to the very fluid pension debate in the General Assembly in Springfield. Thursday afternoon, the Illinois Senate approved an amended version of Senate Bill 2404, a union-backed proposal sponsored by Senate President John Cullerton that offers Tier I...
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