Tom Cross, chairperson of the State Universities Retirement System’s (SURS) Board of Trustees, announced today that SURS Executive Director W. Bryan Lewis will step down effective the end of June, to accept a position with the Pennsylvania State Employees' Retirement System (PA SERS).
“I am so grateful for the opportunity to have led a professional organization like SURS,” said Lewis. “I thank our professional staff and trustees, state legislators, and all the members from across the state that I have had the privilege to work with and meet. I have learned a great deal during my tenure here and I will take that knowledge and experience with me.”
Lewis will become the chief investment officer for PA SERS, a system serving 236,000 public employees with assets of $25 billion.
The SURS Board of Trustees will be conducting a nation-wide search to fill the position.
SURS is one of five Illinois state retirement systems, providing retirement, survivor, disability, and death benefits to over 220,000 employees and retirees from 61 public universities, colleges and state agencies. SURS is funded by employee/participant contributions, state/employer contributions and investment returns. As of June 30, 2015, SURS assets were approximately $17.5 billion.