SURS FY 2020 Annual Financial Report

January 25, 2021 | News

SURS 102-page annual report outlining assets; liabilities; employer contributions; investment policies, objectives and performance highlights; manager fees; membership and benefit statistics and more is available online for members to review. It is divided into five...

13 Members Apply For Trustee Positions

January 8, 2021 | News

Thirteen SURS members have submitted applications for the upcoming trustee election including five active members and eight annuitants. The election will be held April 1 – May 3, 2021, to fill two expiring annuitant seats and two expiring active-member seats. The two...

SURS Certifies FY 2022 State Contribution, Sets Effective Rate of Interest

December 8, 2020 | Press Release

Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on Dec. 4 voted to certify the System’s fiscal year 2022 state contribution at $2,101,279,000, an increase of $105,512,000 from FY 2021. Each year, an independent actuary retained...

SURS Benefit Summary Statements Now Available

November 5, 2020 | News

Attention active SURS members in the Traditional and Portable Plans, you can log on to the SURS secure Member Website and view your current account information via your personal Member Summary page. It’s easy! Go to login button in the upper right-hand corner of the...

Online Petitions Available For Trustee Election

October 30, 2020 | News

The State Universities Retirement System (SURS) will hold a board election April 1 – May 3, 2021, to fill four expiring trustee positions: two annuitant seats and two active-participant seats. An impartial election services company, YesElections, will conduct the...

SURS Approves FY 2022 State Contribution, Allocates Millions to Renewables Fund

October 21, 2020 | Press Release

Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on Oct. 15 certified the System’s preliminary state contribution for fiscal year 2022 at $2,102,981,000, an increase of $107,214,000 from FY 2021. The state’s contribution to...

Seeking Chief Diversity Officer

October 16, 2020 | News

The State Universities Retirement System of Illinois is searching for its first Chief Diversity Officer (CDO) to help shape and foster the system’s internal diversity and inclusion strategy, as well as strengthen investment manager and contractor programs. “SURS...

SURS Seeking First Chief Diversity Officer

October 16, 2020 | Press Release

The State Universities Retirement System of Illinois is searching for its first Chief Diversity Officer (CDO) to help shape and foster the system’s internal diversity and inclusion strategy, as well as strengthen investment manager and contractor programs. “SURS...

Medicare Advantage Open Enrollment

October 14, 2020 | News

The State of Illinois TRAIL Medicare Advantage open enrollment period for participating annuitants and survivors is October 15 – November 16, 2020. The 2021 plan year will begin January 1, 2021, and will run through December 31, 2021. The state of Illinois...

SURS Hires Private Credit Advisor, Allocates Money to Farmland Fund

September 16, 2020 | Press Release

Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on Sept. 11 voted to retain Meketa Investment Group as a discretionary private credit advisor, pending successful contract negotiations. Private Credit is a new component of the...