State statute (30 ILCS 105/14a) requires the IBHE, in conjunction with the Bureau of the Budget, to prepare a report showing the amount by which the costs associated with compensable sick leave have been reduced as a result of the termination of compensable sick leave accrual. The report is limited to compensable sick leave for state employees who are participants of the State Universities Retirement System (SURS). Accumulated liabilities for sick leave payouts continue to decrease in comparison to 1998, the year in which this employee benefit was terminated. Expenditures and liabilities should continue this downward trend as additional employees separate from service with SURS employers in the future.
Sally M. Mikel | email@example.com | 217-244-5343
Final Report Issue Date:
This annual (fiscal year) report is published by the IBHE each November.
Planning and Budgeting
338 Henry Administration Building
506 South Wright Street
Urbana, IL 61801, USA
Tel: (217) 333-6600
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