Employment
Statement of Economic Interest
The Illinois Governmental Ethics Act requires certain University of Illinois employees to file a Statement of Economic Interest with the Office of the Secretary of State by May 1 of each year. The criteria specified by the act include persons who are or who function as the head of a department or other administrative unit; those who have supervisory authority over, or direct responsibility for the formulation, negotiation, issuance, or execution of contracts entered into by the state in the amount of $5,000 or more; and those who have supervisory responsibility for 20 or more employees.
Each year the University Office of Administration and Human Resources certifies the names of employees whose responsibilities require them to comply with this act. Names of those hired or promoted throughout the year into positions that meet the criteria are submitted regularly. Employees will receive notification letters and forms directly from the Office of the Secretary of State.
State law stipulates that failure to annually file a statement by May 1 shall result in late filing penalties, and failure to comply by May 31 may result in forfeiture of the position of employment. Questions regarding this act should be directed to the index department in the Office of the Secretary of State in Springfield (782-7017). Questions about the certification of names should be directed to Human Resources (6-7020). Additional information is also available at: http://www.uihr.uillinois.edu/panda-cf/policies/index.cfm
