Fiscal sustainability and retirement security

February 9, 2012

Fiscal sustainability and retirement security

A reform proposal for the Illinois State Universities Retirement System (SURS)

Authors

Two IGPA faculty propose a new hybrid retirement system for employees of public colleges and universities that would be partially funded by additional contributions from workers and the universities that employ them. The plan concentrates on the State Universities Retirement System (SURS) and is designed to reduce the state government’s payments into the system by billions of dollars over time.


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Research Area: Economic Policy

Policy Initiative: none

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