SIU Administrators update faculty on budget cuts, applicant numbers - Matt Daray, The Daily Egyptian

SIU Chancellor Cheng also discussed pensions and how the university is trying to support them. “We continue to advocate on behalf of our employees,” she said. “Obviously, it’s a cloud that hangs over all of our heads.” “We need to remain competitive on the marketplace, but we also need to recognize that (many) people have (many) years in the system … so we want to sustain that,” she said. “And if that means we have to pick up part of the cost, we will do so.” Cheng said while the university will pay for pension costs, SIU cannot create its own fiscal cliff by covering all the costs immediately and will take a balanced approach toward pensions. http://dailyegyptian.com/administrators-update-faculty-on-budget-cuts-applicant-numbers/#axzz2GCQp1t8R