Illinois State Universities Retirement System Press Releases - EIN Presswire

Published on December 10, 2025 - 14:41 GMT

SURS Certifies FY 27 State Contribution, Invests in Optimized Trend Solution, Approves Effective Rate of Interest

The trustees of the State Universities Retirement System (SURS) met on Dec. 4 and 5. On Dec. 5, 2025, the board approved SURS fiscal year 2027 certified state contribution of $2,366,144,000. Each year, an independent actuary retained by SURS evaluates the …

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Published on December 4, 2025 - 19:37 GMT

2026 Dates for Annuity and Disability Payments

12/31/25 1/30/26 2/27/26 4/1/26 5/1/26 6/1/26 7/1/26 7/31/26 9/1/26 10/1/26 10/30/26 12/1/26 SURS issues annuity payments on the first of the month. In the event that the first appears on a weekend or holiday, SURS issues payments on the last working day …

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Published on October 27, 2025 - 17:34 GMT

SURS Approves Private Equity Investment, CRO Commitment, Approves Preliminary FY27 State Contribution

Champaign, IL – The State Universities Retirement System’s Board of Trustees voted on October 23 to commit $150 million dollars to Fairview Lincoln Fund 1 Series D, subject to successful completion of contract negotiations, based upon the recommendations …

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Published on October 16, 2025 - 18:26 GMT

Cybersecurity Month and SURS

In recognition of the importance of cybersecurity, the State of Illinois has proclaimed October as Cybersecurity Month. Take 10 minutes to review your online security habits. Your future self (and your retirement funds) will thank you! 1. During …

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Published on October 14, 2025 - 12:05 GMT

2026 Medicare Advantage Open Enrollment

The State of Illinois TRAIL Medicare Advantage Prescription Drug (MAPD) open enrollment period for participating annuitants and survivors is October 14 through November 14, 2025. The 2026 plan year will begin Jan. 1, 2026, and will run through Dec. 31, …

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Published on October 1, 2025 - 17:10 GMT

October is National Retirement Security Month

National Retirement Security Month is an ideal time to think about your future and set clear retirement goals. One way to help you reach those goals is through the SURS Deferred Compensation Plan (DCP). This is a voluntary savings plan (a 457(b) plan) that …

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Published on September 16, 2025 - 14:38 GMT

SURS Board Approves Investment Policies

Champaign, IL – At the State Universities Retirement System (SURS) Board of Trustees meetings on September 11 and 12, the FY2026 Investment Plan was presented. Edits and updates to the Defined Benefit Investment Policy and the Investment Procurement Policy …

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Published on September 10, 2025 - 16:10 GMT

New to SURS? This Tool Can Help You Pick Your Retirement Plan

September 10, 2025 | News If you have recently been hired by a SURS employer, choosing one of SURS retirement plans may seem a bit overwhelming at first. You will want to have a solid understanding of your options before you decide. That’s important …

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Published on July 17, 2025 - 15:21 GMT

SURS Named as a NAGDCA Leadership Award Recipient

SURS has been named a 2025 NAGDCA Leadership Recognition Award recipient. This award recognizes the brightest ideas and most innovative solutions from across the public sector defined contribution industry. The State Universities Retirement System (SURS)  …

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Published on June 16, 2025 - 14:00 GMT

SURS Named 2025 Plan Sponsor of the Year

SURS is proud to announce that we have been named as the 2025 PLANSPONSOR Plan Sponsor of the Year winner in the “Total Retirement Offering” category. PLANSPONSOR describes the award as “recognizing retirement plan sponsors that show an exemplary …

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Published on June 13, 2025 - 14:00 GMT

SURS Retiree Appreciation Day

The Illinois House of Representatives and the Illinois Senate have declared June 13, 2025, as “SURS Retiree Appreciation Day” to honor and recognize the ongoing contributions and value of SURS retirees across the State. On this day, we recognize, honor …

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Published on June 12, 2025 - 14:08 GMT

SURS Board Approves Finalists in Fixed Income Public Credit Manager Searches

Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees, during their meetings in Chicago, IL, June 5 and 6, approved finalists in Fixed Income Public Credit Manager Searches. Based upon the recommendation from SURS Staff and …

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Published on May 2, 2025 - 13:30 GMT

Governor Pritzker Appoints New Trustee to SURS Board

Governor Pritzker has appointed Jeanine Jiganti to the State Universities Retirement System (SURS) Board of Trustees. She will serve out the remainder of a six-year term that will expire in 2030. Jeanine Jiganti is an executive with extensive experience in …

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Published on April 29, 2025 - 18:46 GMT

Benefit Choice Period for Health Insurance Changes is May 1 – June 2, 2025

The FY 2026 Benefit Choice Period to make health insurance changes is May 1 through June 2, 2025. This affects SURS active members as well as annuitants and survivors not enrolled in the Medicare Advantage Total Retiree Advantage Illinois (TRAIL) Program. …

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Published on April 10, 2025 - 14:21 GMT

SURS Spring Insights Newsletter Now Available

Open your spring Insights newsletter for updates from SURS! View photos from the visit from Governor Pritzker, read our legislative and investment reports, and learn more about our educational offerings. Also find: • Governor JB Pritzker Visits SURS • …

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Published on March 20, 2025 - 13:53 GMT

Keep Your SURS Information Up to Date

As you start your Spring cleaning, it’s a good time to review your SURS account! Update your account and contact information as well as beneficiaries. Log in to the SURS secure Member Website at any time to view your most current account information via …

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Published on March 17, 2025 - 14:40 GMT

SURS Board Approves Updating Strategic Asset Allocation Targets

Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees, during their meetings March 6 and 7, approved adjustments to asset allocation targets. This approval also gives SURS staff the discretion to implement the updated policy …

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Published on December 11, 2024 - 17:42 GMT

SURS invests in equity extension strategies, certifies FY 26 state contribution, increases effective rate of interest

The trustees of the State Universities Retirement System (SURS) on Dec. 7 approved retaining J.P. Morgan Asset Management (JPM) and Man Numeric to manage 130/30 equity extension mandates for US and non-US portfolios, respectively, pending successful …

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Published on October 29, 2024 - 12:21 GMT

SURS approves $50 million in real assets, returns net 8.3% in fiscal 2024, approves preliminary FY 26 state contribution

The State Universities Retirement System’s Board of Trustees voted unanimously on Oct. 24 to commit the lesser of $50 million or 10% of total fund commitments to Belay Ventures Fund IV, subject to successful contract negotiations. This is a new …

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Published on September 18, 2024 - 19:07 GMT

SURS Makes Infrastructure Commitment

The State Universities Retirement System’s Board of Trustees voted unanimously on Sept. 13 to commit up to $100 million to the Pantheon Global Infrastructure Core Plus Fund V, subject to successful contract negotiations. SURS currently has a $57 million …

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