SURS is currently holding an election to fill one annuitant-member seat on the Board of Trustees. Only annuitant members are allowed to vote. Election packets have been mailed to eligible members by VRES, an impartial election service company.
The State Universities Retirement System of Illinois (SURS) is soliciting proposals from independent public accounting firms to provide employer audit services for employers (state universities, community colleges and affiliated organizations) with members participating in SURS.
The State Universities Retirement System Board of Trustees today unanimously selected W. Bryan Lewis as the new executive director of the $17.4 billion state pension fund.
In a recent online survey conducted by SURS, website users overwhelmingly describe the site as well done and easy to navigate. Over 80 percent said they found exactly what they were looking for when they logged on.
The SURS Board of Trustees recently set the effective date for changes to the Money Purchase factors as January 4, 2016.
Sangamon County Circuit Court Judge John Belz today sided with state workers and retirees finding P.A. 98-599 unconstitutional. The state has 30 days to appeal directly to the Illinois Supreme Court.