SURS State Universities Retirement System
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SURS State Universities Retirement System
Member Login
  • Active Members
  • Retirees
  • Retirement Plans
    • Traditional Plan
    • Portable Plan
    • Retirement Savings Plan
    • Deferred Compensation Plan
  • Employers
    • Participating Employers
    • Employer Website
    • Reciprocal Act
  • News & Events
    • News
    • Events
    • Press Releases
    • Publications
  • Business
    • Board of Trustees
    • Careers with SURS
    • Investments
    • Legislation
    • Request For Proposal
    • Rulemaking
  • Resources
    • Frequently Asked Questions
    • Forms
    • SURS Facts
    • Videos
SURS State Universities Retirement System
Member Login
  • Active Members
  • Retirees
  • Retirement Plans
    • Traditional Plan
    • Portable Plan
    • Retirement Savings Plan
    • Deferred Compensation Plan
  • Employers
    • Participating Employers
    • Employer Website
    • Reciprocal Act
  • News & Events
    • News
    • Events
    • Press Releases
    • Publications
  • Business
    • Board of Trustees
    • Careers with SURS
    • Investments
    • Legislation
    • Request For Proposal
    • Rulemaking
  • Resources
    • Frequently Asked Questions
    • Forms
    • SURS Facts
    • Videos

How is the investment fund lineup for the SURS DCP designed?

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...

What is the Guaranteed Income Withdrawal Amount?

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...

How is my Guaranteed Income Withdrawal Amount calculated?

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...

If I want to use the SURS Lifetime Income Strategy (LIS) only as a target date portfolio, how do I turn off the guaranteed income feature?

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...

What are the primary components of the SURS LIS?

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...

If I enroll in the LIS, what happens by default?

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...
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Latest News

  • Cybersecurity Month and SURSOctober 16, 2025
  • 2026 Medicare Advantage Open EnrollmentOctober 14, 2025
  • October is National Retirement Security MonthOctober 1, 2025
  • New to SURS? This Tool Can Help You Pick Your Retirement PlanSeptember 10, 2025
  • SURS Named as a NAGDCA Leadership Award Recipient July 17, 2025

Calendar

Nov 20
10:30 am - 11:30 am

Lifetime Income Strategy (LIS) Calculator Workshop

Nov 25
9:30 am - 11:00 am

Plan Choice Tier II Webinar

Nov 27
November 27 - November 28

SURS Offices Closed

Nov 28
All day

Disability Payments

Dec 1
All day

Annuity Payments

View Calendar

Chairperson: John Lyons
Executive Director: Suzanne Mayer

1901 Fox Drive Champaign, Illinois 61820
Dial Toll Free: 800-275-7877
Dial Direct: 217-378-8800
Fax: 217-378-9800

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Hours of Operation
Monday | 8:00 a.m. — 4:30 p.m.
Tuesday| 8:00 a.m. — 4:30 p.m.
Wednesday| 8:00 a.m. — 4:30 p.m.
Thursday| 9:00 a.m. — 4:30 p.m.
Friday| 8:00 a.m. — 4:30 p.m.

  • About SURS
  • Careers
  • Contact
  • Disclaimer
  • Legal & FOIA
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About SURS

Careers

Contact

Disclaimer

Legal & FOIA

Privacy Policy

Sitemap

  • Follow
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  • Follow
  • Follow

Chairperson: John Lyons
Executive Director: Suzanne Mayer

1901 Fox Drive Champaign, Illinois 61820
Dial Toll Free: 800-275-7877
Dial Direct: 217-378-8800
Fax: 217-378-9800

Hours of Operation
Monday | 8:00 a.m. — 4:30 p.m.
Tuesday| 8:00 a.m. — 4:30 p.m.
Wednesday| 8:00 a.m. — 4:30 p.m.
Thursday| 9:00 a.m. — 4:30 p.m.
Friday| 8:00 a.m. — 4:30 p.m.