“The University of Illinois is moving toward a supplemental pension program that would contribute money to a tax-deferred retirement savings plan for thousands of employees stung by the state's recent pension reform.
The package under consideration also would include matching contributions for employees who put money into their 403(B) retirement accounts, as well as additional help for prominent faculty and others affected by a new salary cap on pension benefits.” READ MORE
Title: “UI group looking at pension supplement”
Author: Julie Wurth
Source: The News GazetteDate Published: April 11, 2014