October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan, FAQs - Retirement Savings Plan
SURS is committed to providing members with informational materials and tools to help members make informed decisions about their retirement plan. This includes providing general plan information and general financial, investment and retirement information. However,...
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan, FAQs - Retirement Savings Plan
It is calculated according to a formula that considers: 1. The total amount of money allocated to the Secure Income Portfolio (SIP) over time. 2. The growth of that money from rising financial markets. 3. The withdrawal rates provided by insurers at...
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan, FAQs - Retirement Savings Plan
If you wish to use the SURS LIS as a target-date portfolio only, you can simply set your secure in-come level to 0%. This may be done via the SURS DCP website. To access the site, go to the SURS Member Website, then follow the prompts to select View/Manage My DCP...
October 7, 2025 | FAQs, FAQs - Retirement Savings Plan
Yes. By law, annual withdrawals from retirement plan accounts called Required Minimum Distributions (RMDs) must begin by April 1 in the year following the year when you reach RMD age. SURS is required to follow IRS rules on RMDs. In the first year an RMD...
October 7, 2025 | FAQs, FAQs - Retirement Savings Plan
Download the Voya Retire app from the Apple or Google play stores. If you are already registered online and participating in the plan, enter the username and password and, if available, enable touch/face ID for easier login the next time. If you are not registered...
October 7, 2025 | FAQs, FAQs - Retirement Savings Plan
If members have passed away while actively working, surviving spouses are not eligible to use the LIS. A spouse who is not age 45 on the date of retirement is not eligible to utilize the LIS. Return to Frequently Asked Questions
