Press Releases
The latest press releases from SURS. For press inquiries, click here.
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...
SURS Launches Diverse Manager Portal, Terminates Asset Manager
Champaign, IL – The State Universities Retirement System (SURS) has created an online Diverse Manager Portal designed specifically to provide an opportunity for diversely-owned investment management firms with greater than 51% ownership by minorities, women, or...
SURS Board Votes to Oppose SB 2152
Legislation would transfer proxy voting authority to state treasurer, compromising the ability of SURS board to protect assets from undue political influence and to fulfill fiduciary obligations to SURS membership Champaign, IL – The State Universities Retirement...
SURS Hires DC Consultant, Adds Over $400 Million to Private Equity, $90 Million in Real Assets
Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on Feb. 2 voted to retain incumbent defined contribution consultant CAPTRUST for the System’s two defined contribution plans for a five-year term, subject to successful contract...
1099-R Tax Forms Available Online
1099-R Tax Forms Are Now Available Online SURS has completed its paper mailing of the 2023 IRS Form 1099-R to each member or beneficiary who received a distribution in 2022. Members may log in to the SURS secure Member Website and print a copy if needed. The 1099-R...
SURS Hires DB General Consultant, Adds $100 Million in Real Assets, Certifies FY 2024 State Contribution
Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on Dec. 9 voted to hire Meketa Investment Group as a general investment consultant for the System’s defined benefit plan for a five-year term, subject to successful contract...
SURS Announces Active-Member Trustee Appointment
State Universities Retirement System (SURS) Vice-Chairperson Collin Van Meter, on behalf of SURS elected board members, today announced the appointment of Antonio Vasquez as an active-member trustee to the SURS Board of Trustees. Vasquez was selected by a majority...
SURS Approves Preliminary FY 2024 State Contribution, Allocates Millions to Real Assets and Private Equity
Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on Oct. 20 certified the System’s preliminary state contribution for fiscal year 2024 at $2,129,109,000, an increase of $10,542,000 from FY 2023. The state’s contribution to the...
SURS Announces Active-Member Board Vacancy
State Universities Retirement System (SURS) Executive Director Suzanne Mayer today announced a vacancy on the SURS Board of Trustees. The elected active-member seat will be filled by a majority vote of the other five elected trustees. SURS active members who are...
SURS Hires Two Emerging Markets Equity Managers
Champaign, IL – The State Universities Retirement System Board of Trustees on Sept. 16 voted to retain Nipun Capital and William Blair for Emerging Market Equity mandates with a 50/50 allocation of assets between the two managers, subject to successful completion of...