State Universities Retirement System (SURS)
Pension Reform Efforts and Legislation
For the latest information about proposed legislation and the University’s perspective on various pension stabilization efforts, please visit the links below:
University of Illinois - University of Illinois System home page where newly-released information is posted under the "News" section as it becomes available
University Relations State Pension Stabilization Proposals - University Relations' archive of current and historical information issued by the University or related groups pertaining to Illinois' public pensions
The Legislative Process
The University regularly monitors bills that affect higher education throughout the legislative session which usually occurs in two stages: a Spring Session and a Fall Veto Session.
During the Spring session, legislators in both the Senate and House introduce and work to move bills through a scheduled process of readings, committee reviews, hearings, and votes. (View a flowchart of the process.)
During the veto session, the legislature meets to consider whether to accept or reject the Governor's veto decisions on legislation passed in the Spring session. Because of the limited purpose of veto session, it is usually limited to a few legislative days.
To see the schedules for the current session, visit the Illinois General Assembly website:
Very few bills make it through this system of closely scheduled deadlines. Outcomes are influenced by many factors, including:
- Public policy objectives
- Support/opposition of vocal constituencies
- Projected cost/saving of the proposal
- Support/opposition of legislative leaders/governor
A sponsor is free to change the language of his or her proposal at various steps in the legislative process, to address issues raised. A sponsor in the receiving chamber is also free to amend (usually with the permission of the originating sponsor, but not always).
Additional Links of Interest