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.
CONSTITUTIONAL SCHOLAR Prof. Ann Lousin’s talk on pensions from the UIC SUAA meeting of April 24. Prof. Lousin is on the faculty of the John Marshall Law School. She believes best protected by the State Constitution are those already retired. Next are those vested and still working, etc. “Reliance” is a key factor. What did you rely on when you made your career choices? See You Tube at: https://www.youtube.com/channel/UCDyQeh0rgkNynRvaWQtyLdQ.FEDS CREATE new office to keep eye on state and local pensions. See The Bond Buyer, April 29: http://www.bondbuyer.com/issues/123_75/treasury-creating-office-of-state-and-local-finance-1061719-1.html.