The State Universities Retirement System of Illinois (SURS) is soliciting proposals for an executive search firm to assist the Board of Trustees with filling the position of Executive Director. A firm submitting a proposal is referred to as the “Responder.”
All Plan Types
William Mabe, board secretary and executive director of the State Universities Retirement System (SURS), has announced the System will hold a board election during April 2015 to fill three expiring trustee positions. An impartial election services company will conduct the election. Candidate packets and petition forms will be available October 1, 2014, from SURS.
All press inquiries should be directed to:
State Universities Retirement System of Illinois
1901 Fox Drive
PO Box 2710
Champaign, IL 61825-2710
(217) 378-9888 fax
State retirees and survivors will no longer be required to pay a percentage of their annuity for health insurance premiums following a ruling by the Sangamon County Circuit Court.
For the third time, SURS is to receive a large financial settlement stemming from the national banking scandal investigation.
Effective September 1, 2014, the percentage of annuity State of Illinois retirees and survivors pay for health insurance will revert to 1% or 2%.