$20 BILLION UNDER-FUNDED
STATE UNIVERSITY PENSION PLAN (SURS)
“Each passing day without pension reform threatens
the excellence of higher education at the 65 colleges & universities.”
Vernon O. Crawley, Moraine Valley Community College
$673,000 final year salary vs. $260,000 inflation adjusted final salary
Then, Crawley retired…
Pension: $330,000 per year- $27,000 per month!
THIS IS OBSCENE:
“THE BIG DOGS”- STATE UNIVERSITY RETIREMENT SYSTEM
Click Here to review TOP 100 ALL-TIME University Pensions
Here are some highlights:
“TOP 100” 2012 COLLEGE & UNIVERSITY ACTIVE SALARIES:
NUMBER OF COLLEGE EMPLOYEES UP 80%, COLLEGE ENROLLMENT UP 7% Illinois colleges and universities employed 52,000 in 2002. By 2012, total employment has risen to 90,000. This is unsustainable.
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