March 26, 2013

THE CONTINUING CRISIS

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.

JUDGE RULES retirees can be required to pay for health insurance benefits. See State Journal-Register, March 19: http://www.sj-r.com/top-stories/x1037524811/Judge-dismisses-lawsuits-challenging-retiree-health-insurance-premiums.

DECLINE IN State support likely to continue. See UIC News, March 20: http://news.uic.edu/higher-ed-likely-to-face-decline-in-state-support.
HOUSE PASSES bill that would raise the retirement age to 67 for those hired after January 1, 2011.  The bill would also change how cost-of-living adjustments are handled for pensioners. See Progress Illinois, March 21: http://www.progressillinois.com/news/content/2013/03/21/illinois-house-passes-pension-reform-legislation-focusing-colas?utm_source=PI+Extra+3.21.13&utm_campaign=PI+email+3.21.13&utm_medium=email.

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