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The State Universities Retirement System, or SURS, is an agency in the U.S. state of Illinois government that administers retirement, disability, death, and survivor benefits to eligible SURS participants and annuitants. Membership in SURS is attained through employment with 61 employing agencies, [1] including public universities, community ...
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees. [1]
In 1997, retirement system executives faced increasing pressure to divest the system from its holdings in cigarette manufacturers, tobacco companies and tobacco-related stock. In 2000, the Pennsylvania State Employees’ Retirement System was documented as a co-owner of the Willow Grove Park Mall in Abington, Pennsylvania. Investments
Illinois State University ( ISU) is a public research university in Normal, Illinois. It was founded in 1857 as Illinois State Normal University and is the oldest public university in Illinois. The university emphasizes teaching and is recognized as one of the top ten largest producers of teachers in the US according to the American Association ...
Website. business .illinoisstate .edu. The Illinois State University College of Business is the business school at Illinois State University . The college is divided into five academic departments: Accounting. Finance, Insurance, and Law. Management and Quantitative Methods. Marketing. Master of Business Administration.
The Illinois General Assembly created the Teachers’ Retirement System of the State of Illinois (TRS or the System) in 1939 for the purpose of providing retirement annuities, and disability and survivor benefits for educators employed in public schools outside the city of Chicago. The System's enabling legislation is in the Illinois Pension ...
Rosemary Mulligan, Republican member of the Illinois House of Representatives (1993–2013). [32] Laura Murphy, Democratic member of the Illinois Senate (2015–present). [33] Michele Reagan – 27th Secretary of State of Arizona. Kitty Rhoades, Republican member of the Wisconsin State Assembly (1998–2010).