Another Funding Cut

Discussion in 'General Discussion' started by cyclone87, Mar 28, 2017.

  1. Tailg8er

    Tailg8er Well-Known Member

    Feb 25, 2011
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    They did? News to me.
     
  2. alarson

    alarson Well-Known Member

    Mar 15, 2006
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    #82 alarson, Apr 19, 2017
    Last edited by a moderator: Apr 20, 2017
    Why the hell are you on a community message board that revolves around this institution if this is how you feel about it?
     
    • Winner Winner x 2
  3. CyCloned

    CyCloned Well-Known Member

    Oct 18, 2006
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    • Informative Informative x 1
  4. jdcyclone19

    jdcyclone19 Well-Known Member

    Apr 14, 2017
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    If she's talking about a pension, that means she selected IPERS and not the Tiaa-credit contribution plan option. ISU retirees do get access to the ISU medical plans at the negotiated rates. BUT they have to pay the full premium based on Medicare eligibility. FWIW.

    If you get down to the nut and bolts, the only way a University has administrative costs that low is by not having those positions aka "expenses" which depending on the area you can clearly tell ISU is lacking compared to the other regent institutions.
     
  5. BCClone

    BCClone Well-Known Member

    Sep 4, 2011
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    Knowing what my wife's Ipers is projected, either she isn't in this or if she is, she is pulling around 175k/year and ISU is picking up medical.
     
  6. BCClone

    BCClone Well-Known Member

    Sep 4, 2011
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    Or a reclassification. I worked for a business that had horrible dividend payments. It was 85% owned by one guy. He wanted a salary so he could have the CEO title (he was very comfortable and money was not an issue). So he showed up a day a week for a partial day, took a nap on his couch, asked crazy questions and went home happy. He was quite elderly. The other owners saw huge value appreciation so they didn't mind.

    Basic of this story is, how things are coded can make a huge difference.
     
    • Agree Agree x 1

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