University of Illinois president asks potential retirees back
CHAMPAIGN - University of Illinois employees planning to retire this spring are being urged to reconsider their decision by university's president.
University of Illinois President Robert Easter sent an email to employees Thursday, saying the university will consider rehiring those who submitted their resignations in fear of benefit cuts if they stayed on the job past June 30.
On Wednesday, a Sangamon County judge postponed the implementation of the pension overhaul law until courts rule on its constitutionality. Under the new pension law, about 4,000 university employees could lose a year of benefits if they don't retire by June 30.
In the email, Easter also wrote that the judge's ruling "preserves the current pension system as we know it."