Following is a quick update on the implementation of pension reform amendments applicable to employees participating in the SURS Tier I (Traditional and Portable) Defined Benefit plan. Because of the complexity of the amendments and their effect on the SURS plan, the SURS must be relied upon as retirement plan administrators to provide interpretations and information for participants in terms of options and benefit calculations that could enter into retirement planning decisions.
A Retirement Specialist from the State Universities Retirement System (SURS) will be on campus to meet with individual employees to discuss retirement estimates on April 23 and 24, 2014, at the Holmes Student Center, Rooms 303 and 304.
Pursuant to the State Officials and Employees Ethics Act (PA 93-0617), the State of Illinois mandates that all employees on the payroll of State agencies and universities must complete an annual mandatory Internet-based ethics training program. All regular and temporary, part-time and full-time faculty, administrative/supportive professional staff, operating staff/civil service employees, graduate assistants, student employees, affiliates, and extra help employees working at Northern Illinois University are required by the State to take the on-line training.