Investments

General Information

Investment Beliefs

The Investment Beliefs serve as a guide in the board’s decision making process and a reference point for future board and staff decisions.

Investment Policies & Procurement Practices

The investment philosophy, guidelines and practices that SURS employs to manage the System´s assets.

Procurement practices include sample Request for Proposals (RFPs) as well as RFPs currently issued for active searches. This section also includes an Investment Management Agreement required by managers entering into a contract for investment services.

Investment Managers and Contractors

Contact information as well as fees paid to investment managers are enclosed in this section. The contact information for service providers to the investment department may also be found.

SURS Investment Plan

The Investment Plan reviews the results of each fiscal year and defines the strategy for the new fiscal year in accordance with the board-approved asset/liability study and Investment Policy.

Corporate Governance

Corporate governance policies, proxy policy statement, and quarterly issue summary reports.

Questionnaires

These questionnaires lay the groundwork for SURS to evaluate potential providers of investment management services.

Follow On Funds

Public Act 98-433 introduced new legislation relating to follow-on commitments made to the same fund sponsor through closed-end funds.

Reports & Studies

Annual Financial Report

SURS is required to provide participants and benefit recipients with financial statements, including the report of the independent auditors regarding those statements.

Actuarial Valuation Reports & Experience Studies

The valuation reports provide information on the funding status of SURS and include a determination of the state contribution level.  The experience study compares actual experience to expected experience based on information for the periods shown.

Investment Information

Pursuant to Illinois Public Act 93-0499, this report contains investment information regarding SURS asset allocations, custodians and service providers. This report is updated by the 15th of every month.  Every effort has been made to provide accurate information. However, the information provided is based on preliminary, unaudited data and is subject to change.

Investment Update

A overview of the SURS investment portfolio and performance.

Quarterly Standard Investment Reports

Details of SURS asset allocations, managers, service providers, income, expense, fees, brokerage and class actions.

Reports to the Governor and General Assembly

• Use of Emerging Investment Managers (required by Public Act 96-0006)
• Illinois Economic Opportunity Investments (required by Public Act 96-0753)

RSP/DCP Quarterly Performance Reports

Quarterly reports for performance in the Retirement Savings Plan (RSP) and the Deferred Compensation Plan (DCP).

Diverse Manager Week

Diverse Manager Week is an opportunity for diversely-owned investment management firms with greater than 50% ownership by minorities, women, or people with a disability to present to the SURS investment team, its manager-of-manager partners, and its consultants.