News Features
Kothari Joins SURS Board
Champaign, IL. - Pranav Kothari has joined the SURS Board of Trustees. Kothari was recently appointed chair of the Illinois Board of Higher Education (IBHE) by Gov. Pritzker. State statute dictates that the IBHE chair also serves on the SURS Board of Trustees. Kothari...
SURS Fall 2023 Newsletter Now Available
Check it out! Get details on the 2024 trustee election candidate packets, SURS board chair, SURS retiring CIO, investment updates, legislation and more. https://surs.org/news-publications/publications/newsletter/
Atkinson Leaves SURS to Chair Intersect Illinois
Champaign, IL – John Atkinson has transitioned from his posts as chairperson of the State Universities Retirement System (SURS) and the Illinois Board of Higher Education (IBHE) to become the chairman of Intersect Illinois. Atkinson is managing director and chairman...
2024 Medicare Advantage Open Enrollment
The state of Illinois TRAIL Medicare Advantage Prescription Drug (MAPD) open enrollment period for participating annuitants and survivors is October 15 through November 15, 2023. The 2024 plan year will begin January 1, 2024, and will run through December 31, 2024....
SURS Commits Millions to Real Estate Fund
Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on Sept. 8 voted to commit $75 million to Brookfield Strategic Real Estate (BSREP) Fund V, of Toronto, Canada, subject to successful contract negotiations. BSREP currently...
SURS Recognized for DCP Design
SURS has been chosen as a recipient of a 2023 Leadership Recognition Award by the National Association of Government Defined Contribution Administrators, Inc (NAGDCA) for the design and rollout of its Deferred Compensation Plan (DCP). The NAGDCA Awards recognize the...
SURS Summer 2023 Newsletter Now Available
Check it out! Learn about the upcoming 2024 trustee election, DCP auto enrollment, the FY 2024 state budget, educational webinars, recent legislation that affects SURS members, investment updates and more.https://surs.org/news-publications/publications/newsletter/
SURS Retains Real Assets Consultant
Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on June 2 voted to retain Callan as the System’s real assets consultant for the next five years, subject to successful contract negotiations. Callan has served in that capacity...
SURS Board Approves Updating Strategic Asset Allocation Targets
Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on April 20 voted to approve implementing changes to their investment strategic policy allocation targets over the next few months. SURS does not expect any Principal Protection...
Benefit Choice Period for Health Insurance Changes is May 1 – 31, 2023
The FY 2024 Benefit Choice Period to make health insurance changes is May 1 through May 31, 2023. This affects SURS active members as well as annuitants and survivors not enrolled in the Medicare Advantage ‘TRAIL’ Program. This is the only time of the year, other than...