Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on Friday approved the issuance of a formal "request for proposals" (RFP) seeking qualified firms interested in providing passive investment management services. One or more firms will be considered with the RFP being issued on or before March 1, 2017.
The January Advocate is now available online, featuring articles on our new executive director, the legal and legislative team, employee of the year, investments, the Self-Managed Plan, legislation and upcoming webinars and seminars.
Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on Friday certified the state contribution to the System of $1.75 billion for fiscal year 2018; a 5 percent increase over fiscal year 2017.
On Aug. 26, 2016, PA 99–0897 was signed into law allowing certain SURS participants to establish service and earnings credit for periods of furlough or periods of voluntary pay reduction taken in lieu of furlough. Read more.
The State Universities Retirement System (SURS) Board of Trustees has selected Martin Noven as the new executive director of the $18 billion state pension fund. Noven’s appointment becomes effective November 2, 2016.