October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
The investment lineup is designed as a tiered structure to help guide you through your investment decision making and align with your retirement goals. Tier 1: Do-It-For-Me: The SURS LIS is a hands-off, flexible option designed to help you meet your basic needs in...
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
It is the amount the member can withdraw monthly from the Secure Income Portfolio during retirement and the amount the participating insurers will pay the member annually for the remainder of their lifetime (or the remainder of the spouse’s lifetime, if applicable) if...
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 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
The SURS LIS is a custom date target fund that is composed of a non-secured income portfolio and a secured income portfolio (SIP). During your early working years, contributions go to the non-se-cured portfolio. Approximately 15 years prior to your target retirement...
October 8, 2025 | FAQs, FAQs - Deferred Compensation Plan
The LIS is designed to help you meet your basic income needs in retirement. The default settings have been carefully considered and if you do nothing after you enroll, you will be on target to re-ceive 100% of your account as guaranteed secured income beginning at age...