Press Releases
The latest press releases from SURS. For press inquiries, click here.
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...
SURS Restructured Portfolio Provides Defense Against FY 2022 Market Volatility
The State Universities Retirement System (SURS) today announced its investment portfolio returned -1.4%, net of fees, for fiscal year 2022, significantly outpacing the policy benchmark return of - 4.9%. When compared to a universe of other large public funds, the SURS...
SURS Commits $225 Million to Real Assets Portfolio, Retains Long-Volatility/Tail Risk Manager, Reelects Board Officers
Champaign, IL – The State Universities Retirement System Board of Trustees on June 3 added to the System’s real assets investments by committing $225 million to Clarion Lion Properties Fund, subject to successful contract negotiations. This is a new fund commitment...
SURS Commits $200 Million to Real Assets Portfolio, Approves Long Volatility/Tail Risk Managers
Champaign, IL – The State Universities Retirement System Board of Trustees on April 21 added to the System’s real assets investments by committing $100 million to the IFM Global Infrastructure Fund (GIF), $50 million to Crow Holdings Realty Partners X and $50 million...
SURS Chair Issues Statements on Russian Holdings and Additional Pension Contribution; Board Commits $75M to Tech and Science Fund
Champaign, IL – Following the SURS’ Board of Trustees meeting on March 11, Chairperson John Atkinson released the following statement regarding Gov. Pritzker’s call for the state pension funds to take all steps within their authority to explore divestment from Russian...
Governor Proposes Supplemental Pension Payment to Reduce Long-Term Liabilities, Renews Promise to Protect Retiree Benefits
Champaign, IL - Gov. Pritzker on Wednesday introduced his fiscal year 2023 budget that includes the full certified state contribution to the State Universities Retirement System (SURS) of $2,118,567,000. To reduce the unfunded liabilities of the five state-funded...