November 28, 2011

The Continuing Crisis

Rhode Island State workers rallied against pension cuts at the state capitol.

Editor’s Note: “The Continuing Crisis” is a section of APAC News which links to news pertinent to the state budget crisis and other financial matters as they affect the University and Academic Professionals. These news outlets are not affiliated with or endorsed by APAC.

PUBLIC SAYS use taxes and cuts to solve State budget crisis. See KFVS-TV Channel 12, http://www.kfvs12.com/story/15787794/illinois-voters-favor-some-cuts-some-taxes-to-fix-broken-budget.

RHODE ISLAND may be the canary in the coal mine concerning Illinois pension woes. See Oct. 23 New York Times, http://www.nytimes.com/2011/10/23/business/for-rhode-island-the-pension-crisis-is-now.html.

UNIVERSITY PRESIDENTS in the State universities system sent a letter to Governor Pat Quinn, with copies to Senate President John Cullerton, Senate Minority Leader Christine Radogno, Speaker of the House Michael Madigan, and House Republican Leader Tom Cross, expressing the presidents’ interest in continuing to work on options and alternatives to SB512. Se the States Universities Annuitants Association site at http://www.suaa.org/ for more information. You can read the full letter by clicking here: http://www.suaa.org/assets/pdf/Quinn11.4.11.pdf?PHPSESSID=28f0fdb5585221ef4deab04474b5c780.

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