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.
ECONOMICS EXPERT says most cities and states can restore public pensions to healthy funding levels without big tax hikes or cutting benefits. See Fox Business, April 9, 2014: http://video.foxbusiness.com/v/3446132612001/baker-absolutely-no-pension-crisis/#sp=show-clips.
UNIVERSITY CONSDERING pension supplement. See News-Gazette, April 11, 2014: http://www.news-gazette.com/news/local/2014-04-11/ui-group-looking-pension-supplement.html.
GOVERNOR OPEN to delaying pension reform during court challenge. See Progress Report, April 14, 2014: http://progressillinois.com/news/content/2014/04/14/quinn-open-delaying-pension-reform-overhaul-during-court-challenge?utm_source=PI+Extra+4.14.14&utm_campaign=PI+email+4.14.14&utm_medium=email
HOW PENSION reform affects you. See The Advocate, April 2014: http://www.surs.org/pdfs/advocate/Tier1AdvocateApril2014.pdfPENSION ‘REFORM’ typo could cause mass exodus. See Daily Illini, April 21, 2014: http://www.dailyillini.com/news/article_21f858ba-c901-11e3-bb14-0017a43b2370.html.