March 17, 2025 | News, Press Release
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...
March 7, 2025 | News, Press Release
Central Management Services of Illinois (CMS) Bureau of Benefits shared the following update on March 7. View it at https://cms.illinois.gov/benefits/stateemployee/statehealth.html. For any questions, please contact MyBenefits at MyBenefits.illinois.gov. Because SURS...
February 25, 2025 | News, Press Release
Health Alliance recently announced they will be closing at the end of the calendar year for all plans except for Medicare Advantage. At this time, we have limited information. If you are affected by this change, it is our understanding that you will be able to select...
February 3, 2025 | News, Press Release
1099-R tax forms are now available online! SURS has completed its paper mailing of the 2024 IRS Form 1099-R to each member or beneficiary who received a distribution in 2024. Members may log in to the SURS secure Member Website to print a copy. The 1099-R forms can be...
January 6, 2025 | News, Press Release
Yesterday, President Biden signed H.R. 82, the Social Security Fairness Act, into law. It previously passed the U.S. House of Representatives on November 12, 2024, and the U.S. Senate on December 21, 2024. The Social Security Fairness Act does not impact SURS...
December 23, 2024 | News, Press Release
On Saturday, Dec. 21, the U.S. Senate passed H.R. 82, the Social Security Fairness Act, that would repeal two federal policies – the Government Pension Offset (GPO) and Windfall Elimination Provision (WEP). The GPO and WEP reduce Social Security payments to many...
