News Features

These webinars are for Self-Managed Plan participants who are new to the SURS System or just want information regarding SMP procedures including transfers, service credit purchases and accumulation, and contact information.

The State Universities Retirement System of Illinois (SURS) requests proposals from qualified firms to provide global equity investment management services. SURS is issuing the RFP for due diligence purposes, to ensure its receipt of quality services in a cost-effective manner.

The State Universities Retirement System (SURS) is requesting proposals from qualified software and service vendors regarding a new Human Capital Management (HCM) and Financial Information System (FIS) software solution that will also accommodate modern, comprehensive interfaces with existing systems (internal and external).

The State of Illinois TRAIL Medicare Advantage open enrollment period for participating annuitants and survivors is October 15 - November 15, 2019. The 2020 plan year will begin January 1, 2020, and will run through December 31, 2020.

Mitchell Vogel, a SURS annuitant and former board member, has been selected to fill a vacancy on the SURS Board of Trustees by the elected SURS trustees. The vacancy was created when elected annuitant board member John Engstrom resigned after the June 2019 board meeting.

Vogel was a SURS board member from 2004 through 2015. During his tenure on the board, he served as board president for four years, as chairman of the Legislative and Corporate Governance Committees, and as a member of the Investment Committee.

Gov. Pritzker has appointed John Atkinson of Burr Ridge to serve as chairperson of the State Universities Retirement System (SURS) Board of Trustees.

On Aug. 2, the governor announced Atkinson will serve as the chairperson of the Illinois Board of Higher Education and, per state statute, will also serve as the chairperson for SURS.

The July Advocate is now available online, featuring articles on SURS new trustees, buyout extensions, the SMP redesign, a new supplemental plan, webinars, seminars, investments, legislation and more.

State Universities Retirement System (SURS) Executive Director Martin Noven today announced a vacancy on the SURS Board of Trustees. The elected annuitant seat will be filled by a majority vote of the other five elected trustees.

This webinar is for members who would like to learn more about the Fiscal year 2019 budget implementation Law (Public Act 100-587), signed June 4, 2018, which amended the Illinois Pension Code and created provisions for two optional buyouts: the Vested Inactive Buyout for vested inactive members or the Tier I Automatic Annual Increase (AAI) Buyout for members who are retiring.

Two voluntary pension buyouts - the Vested Inactive Buyout and the Tier I Automatic Annual Increase (AAI) Buyout - will begin July 1, 2019, for SURS members who meet the criteria. Applications for both buyouts will be available in June.