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...
December 11, 2024 | News, Press Release
The trustees of the State Universities Retirement System (SURS) on Dec. 7 approved retaining J.P. Morgan Asset Management (JPM) and Man Numeric to manage 130/30 equity extension mandates for US and non-US portfolios, respectively, pending successful contract...
October 29, 2024 | News, Press Release
The State Universities Retirement System’s Board of Trustees voted unanimously on Oct. 24 to commit the lesser of $50 million or 10% of total fund commitments to Belay Ventures Fund IV, subject to successful contract negotiations. This is a new relationship for SURS...
October 14, 2024 | News, Press Release
The state of Illinois TRAIL Medicare Advantage Prescription Drug (MAPD) open enrollment period for participating annuitants and survivors is Oct. 15 – Nov. 15, 2024. The 2025 plan year will begin Jan. 1, 2025, and will run through Dec. 31, 2025. The state of...