Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees, during their meetings March 6 and 7, approved adjustments to asset allocation targets. This approval also gives SURS staff the discretion to implement the updated policy targets by transitioning assets as needed from stocks to bonds. These changes were based on the recommendation from SURS staff and Meketa. This chart details the approved changes:
| Strategic Class | Current Long-Term Target (%) | NEW Long-Term Target (%) |
| Traditional Growth | 35 | 30 |
| Stabilized Growth | 17 | 23 |
| Non-Traditional Growth | 16 | 19 |
| Inflation Sensitive | 5 | 0 |
| Principal Protection | 10 | 8 |
| Crisis Risk Offset | 17 | 20 |
SURS believes that an appropriately diversified strategic allocation policy is the primary policy tool for maximizing the investment program’s long-term return in light of its risk profile.
An implementation plan will be discussed at the April board meeting.