Illinois
Record-high Illinois university workers opt-out of pensions
A record share of Illinois university employees opt-out of pensions for a 401(k)-style plan, lawmakers should give other state employees the same flexibility.
More retired state university employees are opting for a 401(k)-style plan rather than a traditional pension than ever before. They want more choice and flexibility in their retirement benefits. Lawmakers should expand the option to all state workers.
SURS published its annual actuarial evaluation for 2025. With only 47.1% of what they need to pay retirees, they are the second-highest funded state pension in Illinois, beaten only by the Teachers Retirement System with a funded ratio of 47.8%. That shouldn’t be a source of pride, however.
Experts say 60% funded is dangerous and 40% funded or lower is past the point of no return, so 47% is far too low. Illinois’ pension crisis is the worst in the nation.
But the system stands apart because it offers a way out for employees who don’t want to be stuck in the outdated, one-size-fits-all pension model or a pension system that might become insolvent.
SURS gained 1,314 new employees last year, 725 to the traditional and portable pension plans while 589 opted into the Retirement Savings Plan. Nearly half, 45%, of all new members joining are opting out of a traditional pension.
The numbers show 18.2% of all active employees opted into the Retirement Savings Plan, the highest ever since it started in 1998.
It’s a defined contribution plan, similar to a 401(k), rather than the typical defined benefit pension available in most state retirement systems. That’s up from 17.7% of active employees in 2024.
Actuaries expect this pattern to continue, projecting a growing share of active employees opting into the plan until it reaches around 30% of all active employees who are on a defined contribution plan.
Academic hires such as professors are expected to opt-in to the Retirement Savings Plan at a rate of 45%. Non-academic employees such as administrators are expected to opt-in at a rate closer to 25%.
In both cases, employees seem to enjoy getting more choice over how to invest their retirement benefits, but the difference highlights why this option is so important. Currently state university employees are the only ones with this defined contribution option.
Traditional pensions for new workers at Illinois universities have a vesting period of 10 years. That means if someone leaves their job or the state before they’ve completed 10 years, they won’t be eligible for anything but a refund of their contributions. Not the state match or any interest they could’ve accrued while working.
Early-career academics face higher job uncertainty and are more likely to change institutions than later-career or tenured faculty. Under higher expected mobility, defined contributions are more attractive because you don’t have to worry about losing out on retirement benefits because the vesting period is much lower at 5 years.
Mobility isn’t only important in academia. The ability to change careers is important for a variety of jobs today. Wage and salary workers in the public sector today have a median tenure of 6.2 years. That number is likely skewed because 3-in-4 government workers are aged 35 and older.
Younger workers tend to stay in jobs for shorter periods. Across the public and private sectors, the median tenure of workers 55 to 64 is 9.6 years and 2.7 years for workers 25 to 34. Both figures are far below the 10-year vesting requirement for most Illinois pensions.
There’s no reason to limit flexibility and control to only employees under the State University Retirement System. Senate Bill 3389 offers a step in the right direction by allowing downstate teachers to opt-in to a similar Retirement Savings Plan. But that is only the start.
Illinois should expand this option to all five of its state pension systems so that employees can choose to have more control over their retirement finances. Similar plans have been enacted in Rhode Island and Tennessee, which has one of the best-funded pension systems in the country. A defined contribution plan offers more freedom and security for retirees.
Illinois
Illinois Democrats face backlash after blaming Trump in Chicago cross-burning case | Fox News Video
‘Outnumbered’ reacts to Illinois Gov. JB Pritzker and Chicago Mayor Brandon Johnson blaming President Donald Trump for a cross-burning incident in Grant Park.
Illinois Democratic leaders Governor JB Pritzker and Chicago Mayor Brandon Johnson are slammed for weaponizing a Chicago cross burning incident by blaming former President Trump. Despite the suspect, Murlin Lue, admitting his motive was to protest Trump, not racism, Pritzker and Johnson doubled down. Critics, including Illinois GOP State Rep. Chris Miller, accuse them of playing politics and fostering division rather than seeking truth.
Illinois
Illinois Lt. Gov. candidates focus on affordability in pitch to Rockford voters
ROCKFORD, Ill. (WIFR) – November ballots will feature a repeat of top billing in the race for governor. Illinoisans can once again choose between Governor JB Pritzker or Darren Bailey to lead the Land of Lincoln.
But beside their spots, new names will appear for voters.
The Democratic and Republican candidates for governor picked new running mates for their rematch. With Lieutenant Governor Julianna Stratton running for U.S. Senate, Pritzker picked Christian Mitchell to join his ticket. On the Republican side, Aaron Del Mar joins Bailey, who previously ran with Stephanie Trussell in 2022.
Mitchell and Del Mar spoke Thursday with WIFR on what inspires them to run, their campaign priorities and ideas to improve the Rockford region.
Backgrounds
Starting with the Democratic ticket, Mitchell joins the race as a former state representative from Chicago as well as a deputy governor with the Pritzker administration.
“Before anything else, I’m Debbie’s son, and I’m James’s grandson,” Mitchell introduced. “They’re the ones who really instilled in me the value of hard work and made sure that I was going to have a very bright future.”
Mitchell sees the role of lieutenant governor as a partner to the state’s executive.
“I’m really lucky to be running with somebody who I respect, and who I think is the best governor in the nation… Governor JB Pritzker,” he said.. “My first thing is going to be supporting his agenda, which right now is all about lowering costs and raising wages.”
On the Republican side, Del Mar hails from suburban Chicago and considers his first priority to be raising his family.
“I wanted nothing to do with politics, did not want to be involved — wanted just to raise my kids and work my job,“ said Del Mar. He described his start in public service as something he ”kind of got pulled into.”
The Republican worked his way from a city council member in Palatine, at 29-years-old, to co-chair of the Illinois GOP. Although he says he “wanted nothing to do with being on” Bailey’s campaign, Del Mar sees strength in unity — offering a Chicago area perspective alongside Bailey’s southern Illinois roots.
“How about everybody in the state of Illinois, regardless of where you come from, has a seat at the table. If you’re from a southeast farming community, or you’re from the city of Chicago, where I grew up, everybody has a stake in the game.”
Priorities
Mitchell points to economic development as his focus for the gubernatorial campaign.
“I see vacancies on State Street in Chicago. I see vacancies on Main Street in Belleville and Alton and in Carbondale,” he recounted. “I want to make sure that we’ve got the kind of amenities and economic development, that kind of affordability, that allow us to make sure that folks want to stay in the towns that they’re born in if they want to.”
The Democratic candidate also eyes long-term planning for the state, including an “Illinois 2050 Plan.”
“How do we have the kind of educational undergirding that means that no matter where you’re from, you have a chance to have one of those jobs, whether it’s in new agriculture technology and new farming techniques or biotech, quantum.”
When asked how to achieve these priorities, Mitchell turned to investing in public education, retaining residents with better wages and improving health care.
“Making sure that we are able to protect our health care system, so that folks aren’t going broke when they get sick, that’s another big way that we can make an impact.”
Del Mar outlined a cost-of-living focus as central to his campaign.
“You wanna succeed, you do the basics really well, and the basics are affordability,” he contended.
The Republican repeatedly highlighted the state’s property taxes — reportedly the highest in the nation — as an issue to tackle. He suggested redirecting Illinois’s budget as one measure to ease the burden on homeowners.
“Number one is fully funding the state’s portion of local taxes, because that will offer people property tax relief.” Del Mar clarified this wouldn’t mean redirecting funds for public education.
“We’re looking at how we fund schools, how we make sure to empower teachers to have the best educational outcomes that we can have here in Illinois, regardless of what your zip code is, regardless of what your parents do for a living or how much money they make,” added Del Mar.
Reflecting on Rockford
Each candidate provided their vision for boosting the Rockford region.
For Mitchell, improvements continue with infrastructure funding, building on the state’s roughly $500 million investment in the area.
“The things that we have already worked on, through the capital plan that I helped lead as deputy governor, that the governor signed and is implementing, are already having benefits that the people of Rockford can see.”
The Democrat also pointed to the Chicago Rockford International Airport as an opportunity.
“Investing in that regional airport where we’ve already helped with a matching grant to get additional funds, that helps build out the economy,” said Mitchell. “There’s so much that’s happening there that it is really good for the economy and bringing more people back to Rockford.”
Del Mar shared his local priority as supporting unionization in the area.
“Union families deserve to be able to have a livable wage, and that’s something that’s important to Darren and I,” said Del Mar. He mentioned pensions were another item that a Republican executive wouldn’t touch for the public and private sector unions.
“I know that area up there has strong union backbone,” described Del Mar. “We want to make sure they know that they’re not going to have a bigger supporter in the governor’s mansion than Darren and I.”
Election Day
When asked for thoughts on their opponent, Mitchell criticized the Bailey campaign as a “repacking” of his 2022 run.
“The only record that they have to run on is extremism,” he exclaimed.
The Republican candidate also reflected on records, pointing to Pritzker’s years in office.
“Why are we underfunding education? Why are property taxes at all-time high? Why are businesses leaving?” asked Del Mar.
Voters can decide on who will lead Illinois November 3. Early voting starts September 24, with applications for voting by mail opening August 5.
Extended Interviews
Copyright 2026 WIFR. All rights reserved.
Illinois
Illinois man charged after Rochester sting catches phone scammer with $50K in cash
ROCHESTER, Minn. (FOX 9) – A man from Illinois is facing felony charges after police say he took part in a scheme that convinced a Rochester resident to hand over thousands of dollars in cash and nearly fell for a gold bar handoff.
Rochester phone scam
What we know:
According to a criminal complaint filed in Olmsted County District Court, police say the victim was contacted by phone and told he was under investigation for a crime. The caller convinced him to deliver $30,000 in cash to a man he met in person on June 17, 2026.
The victim was then pressured to arrange a second delivery — this time, 10 one-ounce gold bars — on June 23, 2026. Detectives worked with the victim to set up a controlled delivery using fake gold bars and a GPS tracker.
Charges state that the plan was for the victim to meet whoever arrived to pick up the package, while officers watched nearby. Surveillance officers saw a white SUV with Illinois plates circling the parking lot at 2711 Commerce Drive NW in Rochester.
The complaint states a man, later identified as Kiranbhai Kanubhai Vasava, got out, met the victim, gave the password and took the package. Officers followed the car as it left the scene. Detectives stop suspects and recover cash
Why you should care:
Police stopped the SUV near Eyota and searched it, finding $50,000 in cash, several cell phones, bank checks with Vasava’s name, and packaging materials similar to those used for the fake gold bars. The package with the GPS tracker and fake gold was missing, but officers later found the GPS device torn apart on the side of the highway.
The second man in the car, Hemendrasinh Pravinsinh Dabhi, told police he got a call from India about a package but claimed he knew nothing about it, saying, “he just drives.” Vasava also denied knowing what was happening.
Kiranbhai Vasava linked to Wisconsin case
The backstory:
The complaint states detectives linked Vasava to another similar case in Stevens Point, Wisconsin, where a bank customer was convinced to hand over $50,000 in cash to a driver in a white Honda SUV. Video from that incident showed Vasava receiving the package.
Police say this type of swindle involves convincing victims they are under investigation and must pay money or hand over valuables to clear their name. Detectives say the investigation involved coordination between local police and law enforcement in Wisconsin.
The Source: Criminal charges filed in Olmsted County Court.
-
Denver, CO3 minutes ago
Denver Transplant Games sets Guinness World Record for mos living donors, recipients in one place at one time
-
Seattle, WA10 minutes agoHow to watch Egypt vs. Iran World Cup match in Seattle
-
San Diego, CA13 minutes agoSharp Coronado Hospital Holds Meet-and-Greet With NASCAR San Diego Weekend
-
Milwaukee, WI18 minutes agoBrewers Are Making a Mistake With Andrew Vaughn’s Playing Time
-
Atlanta, GA25 minutes agoChef’s Tableware brings affordable ceramics to Atlanta’s chefs and home cooks
-
Minneapolis, MN28 minutes agoAffordable senior housing revived at 600 Main St. SE
-
Indianapolis, IN33 minutes agoFred and Friends Traveling Tavern brings dirty soda craze to Indianapolis with alcohol-free menu
-
Pittsburg, PA40 minutes ago
Pittsburghers lash out at proposed Downtown tax diversion district