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SURS gained 1,314 new employees last year, 725 to the traditional and portable pension plans while 589 opted into the Retirement Savings Plan. It’s a defined contribution plan, similar to a 401(k), rather than the typical defined benefit pension available in most state retirement systems.
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Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
10 Comments
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Note to readers from Mark Glennon re: Ukraine
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4 Comments
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more
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5 Comments
Summary and audio linked here.
Audio and summary
Is the traditional pension plan really “portable”? Maybe to other IL institutions but if you leave the State I doubt it is. Plus the vesting period for retirement funds seems completely unserious. 10 years? 5 for 401k? Also, do the 401k funds go to an account outside of the State control? As in, when the pension collapses are the 401k funds secure?