University Furlough Program Announced Jan 5, 2010 12:30 pm46 views On January 5, 2010, President Ikenberry announced the implementation of a furlough program. Voluntary Pay Reduction Program offers an Alternative to Furloughs Jan 22, 2010 12:15 pm75 views The University is offering employees a choice between taking furlough days or voluntarily electing to take a temporary pay reduction. Voluntary Pay Reduction Authorization Form Now Available Jan 26, 2010 12:15 pm76 views Individuals who wish to take a temporary pay reduction in lieu of furloughs, have until February 8, 2010 to elect this option through completion of the Online Voluntary Pay Reduction Authorization Form. Are You Retiring or Separating from the University of Illinois System? Mar 30, 2026 1:00 pm198 views You may be eligible to defer unused vacation leave into the University 403(b) or State or SURS 457 retirement plans. Are You Retiring or Separating from the University? Feb 29, 2016 2:00 pm1477 views You may be eligible to defer unused vacation and compensable sick leave into the University 403(b) or State 457 retirement plans.