Press Release

SURS to Hold 2018 Board Election

September 21, 2017 - 14:09

The State Universities Retirement System (SURS) Board of Trustees and Executive Director Martin Noven on Friday announced SURS will hold a trustee election in 2018 to fill three expiring trustee terms. The board approved hiring Election-America, a full-service election management company, to conduct the election.

Elected Trustees Dorinda Miller (active-member trustee), Steven Rock (active-member trustee) and John Engstrom’s (annuitant-member trustee) terms will expire in June of 2018.

State Universities Retirement System Board Meetings

September 11, 2017 - 14:26

Champaign, IL – The Audit & Risk Committee, Administration Committee, Investment Committee, Legal & Legislative Committee, Executive Committee and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, Sept. 14 and Friday, Sept. 15, 2017, at the State Universities Retirement System, 1901 Fox Drive, in Champaign.

SURS Board Maintains Assumed Rate of Return, Approves Private Equity Funding Plan

June 16, 2017 - 10:54

The State Universities Retirement (SURS) Board of Trustees on June 9, voted to keep the System’s long-term expected rate of investment return at 7.25 percent for FY 2018. SURS annually reviews the rate for reasonableness with the assistance of actuarial and investment consultants. The rate was most recently reduced in 2014 from 7.75 percent to the current rate.

SURS Board Approves Private Real Estate Debt Search, Restructures Passive Management Search

April 24, 2017 - 10:29

The State Universities Retirement System’s (SURS) Board of Trustees on Thursday approved a formal search for firms to provide non-core, private commercial real estate debt commingled fund investment management services. One or more investment managers will be hired to manage a total of $20-$60 million. The purpose of the allocation is to reduce total plan risk and diversify the portfolio. The RFP is available at www.surs.org

In other business before the board:

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