1. Would SURS consider selecting a service provider that cast votes in accordance with policy but does not offer recommendations i.e. all votes would be cast by the service provider without any items being returned to SURS staff for action? No – SURS would …
Audit & Risk Committee Trustee Giertz presented the following motion: That the Audit & Risk Committee approve the Internal Audit Charter with changes directed by the committee as presented. The motion passed via the following roll call vote: …
The meeting of the of the Legal & Legislative Committee of the Board of Trustees of the State Universities Retirement System (SURS) convened on Friday, December 5, 2025, at 11:00 a.m. This meeting was held in person at Northern Trust in Chicago, IL, …
The State Universities Retirement System (SURS) Board of Trustees, during their meetings March 4, 5 and 6, voted to allocate $400 million to AQR for their Alternative Trends/Helix strategy to fund the Crisis Risk Offset program, pending successful contract …
SURS has completed its paper mailing of the 2025 IRS Form 1099-R to each member or beneficiary who received a distribution in 2025. Members may log in to the SURS secure Member Website to retrieve a copy. The 1099-R forms can be found under the “My Payment …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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) …
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 …
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 …
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 …
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 …
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. …
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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