News Features

Jan-10-19 Self-Managed Plan Pre-Retirement Seminars

There are no seminars scheduled at this time. Please check back at a later date for future events.

SURS is offering a "Self-Managed Plan Pre-Retirement" seminars for members both active and inactive who are five years away from retirement. The seminars will be from approximately 9:00 A.M. to 12:30 P.M.

Registration is currently limited to members who are 50 years of age or older.

Jan-08-19 Understanding Your SURS Benefits Webinar - Tier I

This webinar will provide an overview of SURS Tier I benefits, with a focus on retirement. Earning & purchasing service credit, sick leave, refunds, reciprocal time, disability, death & survivor benefits, insurance, retirement calculations, & applying for retirement will all be discussed.

Jan-04-19 Retirement Education Seminars (Champaign)

There are no seminars scheduled at this time. Please check back at a later date for future events.

SURS is offering Retirement Education Seminars for members enrolled in the Traditional and Portable plans. The following one-day seminars will be held at the SURS office in Champaign. The sessions will be specific to your employer type.

These seminars will be held from approximately 9:00 A.M. to 2:15 P.M. Registration is required. The enrollment fee is $20 per member and $10 for a non-member guest. Lunch will be provided.

Jan-04-19 Retirement Education Seminars (Naperville)

There are no seminars scheduled at this time. Please check back at a later date for future events.

SURS is offering Retirement Education Seminars for members enrolled in the Traditional and Portable plans. The following one-day seminars will be held at the SURS office located within the NIU-Naperville Outreach Center in Naperville, IL. The sessions will be specific to your employer type.

Dec-19-18 Private Equity Consultant

The State Universities Retirement System (SURS) requests proposals from firms to provide private equity consulting and/or management services to SURS investment staff and board of trustees. SURS is issuing the RFP for due diligence purposes, to ensure its receipt of quality services in a cost-effective manner.

Dec-10-18 SURS to Recoup Over $4 Million from Wells Fargo in Settlement

The State Universities Retirement System (SURS) will receive a $4,312,500 settlement from Wells Fargo as a result of legal action against the bank by Illinois Attorney General Lisa Madigan.

On Dec. 4, Madigan’s office announced a $17.25 million settlement with Wells Fargo over the sale of risky residential mortgage-backed securities leading up to the 2008 economic collapse.

The settlement resolves an investigation into the bank’s failure to disclose the true risk of residential mortgage-backed investments.

Nov-29-18 Member Summaries Available Online

You are invited to log in to SURS secure Member Website and view your most current account information via your personal Member Summary page. It’s easy! Just click on the gold login button in the upper right-hand corner of the homepage and follow the prompts.

First-time users will need to complete the secure Member Website registration process to access their homepage. Once you’re logged in, click on the “My SURS” tab from your homepage to view the Member Summary page.

Sep-26-18 Governor Appoints Schumacher to SURS Board

Gov. Bruce Rauner has appointed Lisa Schumacher of Chicago to the State Universities Retirement System (SURS) Board of Trustees.

Sep-26-18 Medicare Advantage Open Enrollment

The State of Illinois TRAIL Medicare Advantage open enrollment period for participating annuitants and survivors is October 15 - November 15, 2018. The 2019 plan year will begin January 1, 2019, and will run through December 31, 2019.

Sep-13-18 New Law Allows CIP Eligible Members to Opt Back Into Plan

On Aug. 22, 2018, SB 3046 was signed into law by Gov. Bruce Rauner, amending legislation to allow former Community College Insurance Program members and their dependents who previously opted-out of their health benefits plan,  to opt-back-in during an open enrollment period or other qualifying enrollment opportunity.  

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