Medicare Advantage Open Enrollment

The State of Illinois TRAIL Medicare Advantage open enrollment period for participating annuitants and survivors is October 15 – November 15, 2021. 

A New Way To Save

SURS Deferred Compensation Plan (DCP)

New to SURS?

Our Plan Choice Decision Tool Can Help You Select the Retirement Plan That Best Meets Your Needs.

SURS Newsletter Now Available

Read details about the trustee election, new Deferred Compensation Plan, investments, legislation and a letter from our interim executive director.

New to SURS

Choosing one of SURS three retirement plans may seem a bit overwhelming at first. You will want to have a solid understanding of your options before you decide.

Ready to Retire

You have fulfilled the vesting requirements for retirement from your SURS-covered employer and would like to apply for retirement.

 

Educational Events

SURS hosts a number of online and in-person seminars and webinars for members in all plan types.

Resources

Helpful resources for new and existing SURS members including guides, videos and frequently asked questions.

Recent News

 

Medicare Advantage Open Enrollment

The State of Illinois TRAIL Medicare Advantage open enrollment period for participating annuitants and survivors is October 15 - November 15, 2021....

SURS Summer Newsletter Now Available

Read about the outcome of the trustee election, Money Purchase Factor change, Plan Choice Decision Tool, SURS new supplemental plan, website...

SURS Recognized for DC Plan Redesign

SURS has been chosen as a recipient of a 2021 Leadership Recognition Award by the National Association of Government Defined Contribution...

Retirement Plans

Traditional Pension Plan

The SURS Traditional Pension Plan is the historical SURS Defined Benefit retirement plan. It provides lifetime retirement benefits and a survivor benefit at no additional cost. However, the separation refund feature is not as generous as the Portable Pension Plan. The Traditional Pension Plan is also the default plan assigned to members who fail to choose a plan within six months of certification.

Learn More

Portable Pension Plan

The SURS Portable Pension Plan is a Defined Benefit retirement plan that has much in common with the Traditional Pension Plan. However, it provides a more generous separation refund when participants leave the system. The provisions for survivor benefits require a reduction to the retirement and death benefits.

Learn More

Retirement Savings Plan

The SURS Retirement Savings Plan (RSP) is a defined contribution plan that establishes an account into which your contributions and the employer (state of Illinois) contributions are placed. You decide how your account balance will be invested, selecting from a variety of mutual funds and variable annuities.

Learn More

SURS Deferred Compensation Plan

This new voluntary plan, called the SURS Deferred Compensation Plan (DCP), will provide members an avenue to save more and generate additional income in retirement. Most active SURS members employed by a state university, community college or other government entity will be able to participate.

Learn More

SURS Calendar

Stay up-to-date with all SURS events and dates.

  • Seminars and Webinars
  • Board and Committee Meetings
  • Holidays
  • Benefit Payment Dates

 

Educational Events

SURS is pleased to offer the following educational webinars and seminars.

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Plan Choice Webinars

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Retirement Savings Plan Webinars

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Pre-Retirement Educational Seminars

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From Here To Retirement Webinars

Keep Your Information Up To Date.

SURS secure Member Website is the best tool to keep your personal information up to date. You can safely update your beneficiaries, address, email and phone numbers. You may also view your benefit statements and create retirement estimates based on different retirement scenarios. If you have not yet registered, do it today by clicking on the Member Website Login button in the top right-hand corner of the SURS website homepage, then hit the Registration Process button and follow the prompts.