Press Releases
The latest press releases from SURS. For press inquiries, click here.
SURS Hires Private Credit Advisor, Allocates Money to Farmland Fund
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...
SURS Approves Private Credit Consultant Search, Allocates Funds to Real Estate, Fixed Income
Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on June 5 approved releasing a request for proposals (RFP) for either discretionary or non-discretionary private credit consulting services. The RFP will be available at www.surs.org on...
SURS Approves $50 Million Real Asset Commitment, Reports 17.9% Return for 2019
Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on March 13 approved a commitment of $50 million to Crow Holdings Realty Partners Fund IX, subject to successful contract negotiations. The board also voted to retain Bivium Capital...
Hendrie Appointed to SURS Board
Champaign, IL – Gov. Pritzker has appointed Scott Hendrie of Savoy to serve on the State Universities Retirement System (SURS) Board of Trustees. Hendrie is vice president of finance and treasury at the Carle Foundation, serving on both their Retirement Plan and...
Governor Plans to Fully Fund Pension Contributions, Add Extra $100 Million, Uphold Retiree Benefits
Champaign, IL - In his fiscal year 2021 budget address Wednesday, Gov. Pritzker said he plans to provide the full certified state contributions to all five state-funded retirement systems including SURS, the Teachers’ Retirement System, the State Employees’...
SURS Certifies Final FY 2021 State Contribution, Sets Annual Effective Rate of Interest
Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on Dec. 6 certified the System’s final state contribution for fiscal year 2021 at $1,995,767,000. Each year, an independent actuary retained by SURS evaluates the System and...
SURS Certifies FY 2021 State Contribution
Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on Thursday certified the System’s preliminary state contribution for fiscal year 2021 at $1,996,686,000, an increase of $141,994,000 from FY 2020. The state’s contribution to the...
SURS Hires New SMP Recordkeeper, Investment Provider for Revamp
Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on Sept. 13 voted to hire Voya as recordkeeper and Alliance Bernstein as an income solution provider for both the Self-Managed Plan (SMP) and a new supplemental 457(b) plan, pending...
Vogel Selected to Serve on SURS Board of Trustees
Champaign, IL – Mitchell Vogel, a SURS annuitant and former board member, has been selected to fill a vacancy on the SURS Board of Trustees by the elected SURS trustees. The vacancy was created when elected annuitant board member John Engstrom resigned after the...
Atkinson Appointed SURS Board Chair
Champaign, IL – Gov. Pritzker has appointed John Atkinson of Burr Ridge to serve as chairperson of the State Universities Retirement System (SURS) Board of Trustees. On Aug. 2, the governor announced Atkinson will serve as the chairperson of the Illinois Board of...