The State Universities Retirement System of Illinois (SURS) requests proposals from qualified firms to provide transition management services. SURS is issuing the RFP for due diligence purposes, to ensure its receipt of quality services in a cost-effective manner.
The FY 2019 state budget includes an accelerated pension buyout option for vested, inactive members; a 3 percent automatic annual increase (AAI) buyout option for Tier I members; and increased employer contributions for employee raises over 3 percent.
The State Universities Retirement System of Illinois (SURS) is seeking proposals from qualified candidates and eligible organizations for an operational review of the SURS organization. SURS strives to provide high quality, cost-effective and efficient service to its members and stakeholders.
Steven Rock and Collin Van Meter have been elected to serve on the SURS Board of Trustees by the System’s active members. John Engstrom was elected to serve as an annuitant trustee.
The FY 2019 Benefit Choice Period to make health insurance changes is May 1 through May 31, 2018. This affects SURS active members as well as annuitants and survivors not enrolled in the Medicare Advantage 'TRAIL' Program.
A special Dental Only Benefit Choice Enrollment Period will be available to SURS members enrolled in the State Employees Group Insurance Program and Medicare Advantage TRAIL during May 1-31.