April 25, 2014

Petition: Supplemental Retirement Benefits

We will update this page regularly with updates on the petition.
Check back often for news!

April 21, 2014 at 10 a.m.: Petition is launched
April 30 at 9 a.m.: Over 1,100 Signatures!

The Petition is Available Here: https://uofi.uic.edu/fb/sec/3250911
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WE ASK you to consider signing our petition in support of University-subsidized supplemental retirement benefits. 

RECENT PENSION legislation, Public Act 98-599, has significantly diminished the retirement benefits for University of Illinois employees. At the January 2014 Board of Trustees meeting, University leaders decided to explore supplemental retirement benefit programs that could help minimize the impact for faculty and staff. The plan being considered will not fully offset the benefits we have lost, but they represent the University’s first and best efforts at repairing the damage.

IF LEGISLATORS do not support our current efforts, we may not be able to secure the supplemental retirement benefits under consideration. It would also set a precedent, making any subsequent effort by the University to secure supplemental retirement benefits that much more difficult.

WE WANT Illinois State legislators to support University efforts to secure supplemental retirement benefits, and we are providing you an opportunity to voice your support for the supplemental retirement benefits by signing our petition. 

YOUR PARTICIPATION in this petition is voluntary. This petition is open to all employees and annuitants who have paid into the State Universities Retirement System (SURS) including Academic Professionals, Faculty, and Civil Servants; as well as their colleagues, family, friends and supporters. If you wish to review and / or sign the petition, please click the link below:


https://uofi.uic.edu/fb/sec/3250911

IF YOU WISH TO REVIEW AND / OR SIGN THE PETITION, PLEASE DO SO NOW. THE PETITION WILL CLOSE ON FRIDAY, MAY 2, AT 5 p.m. 

IT SHOULD take about ten minutes or less to review and / or sign the petition. While at work, you may review and / or sign the petition before work, after work, or during any normally scheduled break (such as lunch) using your work computer.


PLEASE NOTE: University and Campus Human Resources, the Office of the Chancellor, and the Ethics Office have all been made aware of the petition. Advocating for support of the University of Illinois and employees is not prohibited by university or campus policies or the State Officials and Employees Ethics Act. Employees should exercise care to ensure these activities do not negatively impact fulfillment of employment responsibilities.

This petition is being coordinated by UIC’s Academic Professional Advisory Committee (APAC).

1 comment:

  1. "most of us do not have Social Security to fall back on."

    Why don't you petition to make Social Security an option? I got suckered into signing up for the 403b plan based on my lousy salary and since I've been working here, my Social Security estimated monthly benefit has tanked because no money is coming in.

    So I've got a worthless 403b plan based on my lousy pay and a reduced Social Security benefit. This isn't a recipe for retirement; this is a recipe for working till you drop.

    Without being able (at least voluntarily) to pay into my Social Security plan, this job has the worst benefits in the entire state of Illinois.

    ReplyDelete