Public universities in Illinois are
asking Gov. Pat Quinn not to cut retirement benefits for current
employees in his plan to overhaul state pension programs.
Presidents and chancellors of 15 schools recently signed a
letter urging Quinn to consider their ability to attract top
faculty talent and not to take away “promised benefits” to
Governors State University President Elaine Maimon
says Quinn and legislative leaders have listened to the colleges’
Quinn wants to require state employees to contribute more to
their pensions, pay more to keep certain benefits, retire later and
require schools and universities to contribute.
The May 3 letter also seeks a “reasonable” transition to
university contributions, a guarantee of proper state funding in
the future and more.
(Copyright 2012 by The Associated Press. All Rights Reserved.)
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