Hamdonger
Well-known member
- Joined
- Jul 17, 2017
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ChiRedbirdfan said:Humdinger said:The pension obligations, though, are not on ISU or its AD budget, correct?
what department would get saddled with the pension obligations if the athletic department does not have to pay for their employees pension obligations? Some department has to pay them.
They're state employees. Employees generally pay, what, 10% out of their check to state retirement system? That's what funds (or is supposed to, haha, shame on you state of IL) state employees retirement. The state then pays it out, not ISU.