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Tag: SURS
Photo of scissors cutting $100 bill
In Springfield … The Illinois Senate Executive Committee voted to approve House Bill 3810, a bill that will eliminate the General Assembly Scholarship Program on Sept. 1, 2012. Senate President John Cullerton, who had picked up sponsorship of this bill, testified that this program was good overall and that it had helped many very deserving...
Seal of the State of Illinois
Presidents and chancellors of public universities in the State of Illinois sent letters Thursday, May 3, to Gov. Pat Quinn as well as Illinois General Assembly leaders Michael Madigan, John Cullerton, Christine Radogno and Tom Cross. The letters outlined a statement of 10 objectives for stabilization of the State Universities Retirement System that is fair...
John G. Peters
NIU President John G. Peters emailed this important message to faculty, staff and annuitants earlier today. Dear Colleagues, Friday afternoon Governor Quinn outlined the framework of his plan to resolve the state’s pension funding crisis. Briefly, the Governor’s proposal provides for 100% funding for pension systems by 2042 by making the following changes to the...
State Universities Retirement System (SURS) of Illinois logo
A retirement specialist from the State Universities Retirement System (SURS) will visit the Holmes Student Center from Tuesday, May 15, to Thursday, May 17, to meet with individual employees to discuss retirement estimates. SURS individual counseling eligibility guidelines and procedures can be reviewed online. SURS will schedule appointments on a “first-come, first-served” basis. SURS will...
Photo of a red light on a traffic signal
In Springfield … The Illinois primary elections were held Tuesday, March 20. The elections results can be found on the Illinois Board of Elections website. The Illinois General Assembly was in session Wednesday through Friday of last week. Members of the House of Representatives approved HB 3810 (vote: 95 yes, 25 no, 2 present), introduced by...
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...
Photo of gold pocket watch and retirement greeting card
SURS is offering three Self-Managed Plan (SMP) education seminars for members enrolled in the Self-Managed Plan. These three one-day seminars are scheduled for Thursday, March 8; Thursday, April 12; and Thursday, May 24. All three seminars will be held at the SURS office in Champaign . There is no fee to attend. Lunch will not...
Wrapped up neatly with a bow ...
In Springfield … The Illinois General Assembly reconvened Tuesday to try to finalize some issues left pending during the regularly scheduled fall veto session. Senators passed, with a veto-proof majority, a Chicago Mercantile Exchange/Sears tax relief package (HB 1883); however, this bill was defeated in the House by a vote of 99-8. This bill was a...
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...
A retirement specialist from the State Universities Retirement System (SURS) will be on campus from Monday, Nov. 8, through Wednesday, Nov. 10, to meet with individual employees to discuss retirement estimates. Meetings will take place inthe Holmes Student Center. The deadline to schedule an appointment is Friday, Oct. 8. To qualify for an appointment, an employee...
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