Press Releases

Press Releases

Mar-14-19 SURS Makes Large Commitment to Real Estate Fund, Approves Manager Searches

Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on March 8 voted to commit 75 million euros (approximately $84.6 million) to Blackstone Real Estate Partners Europe Fund VI, contingent on successful contract negotiations. The investment furthers SURS long-term strategic plan for the System’s real estate portfolio.

Mar-05-19 State Universities Retirement System Board Meetings

Champaign, IL - The Investment Committee, the Legal & Legislative Committee, the Executive Committee, the Audit & Risk Committee, the Administration Committee, and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, March 7 and Friday, March 8, 2019, at the SURS offices, 1901 Fox Drive in Champaign.

Dec-11-18 SURS Sets FY 2020 Effective Rate of Interest, Approves Consultant and Provider Searches

Champaign, IL - The State Universities Retirement (SURS) Board of Trustees on Dec. 7 voted to keep the System’s effective rate of interest at 6.5 percent for fiscal year 2020.

Dec-04-18 State Universities Retirement System Board Meetings

Champaign, IL - The Investment Committee, Administration Committee, Audit & Risk Committee, Legal & Legislative Committee and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, Dec. 6 and Friday, Dec. 7, 2018, at Northern Trust, 50 South LaSalle Street in Chicago.

Nov-16-18 State Universities Retirement System Board Meeting

Champaign, IL - The Executive Committee of the State Universities Retirement System (SURS) will meet on Tuesday, Nov. 20, 2018, at Burke Burns & Pinelli, 70 West Madison Street in Chicago.

Oct-23-18 SURS Certifies FY 2020 State Contribution

Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on Thursday certified the System’s preliminary state contribution for fiscal year 2020 at $1,855,938,000, an increase of $200,784,000 from FY 2019. The state’s contribution to the College Insurance Program (CIP) was also certified at $4,431,113 for fiscal year 2020.

Oct-15-18 State Universities Retirement System Board Meetings

Champaign, IL - The Investment Committee, Administration Committee and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, Oct. 18, 2018, at Northern Trust, 50 South LaSalle Street in Chicago.

Sep-26-18 Governor Appoints Schumacher to SURS Board

Gov. Bruce Rauner has appointed Lisa Schumacher of Chicago to the State Universities Retirement System (SURS) Board of Trustees.

Sep-20-18 SURS Posts 8.25% Investment Return for FY 18

Champaign, IL - The State Universities Retirement System (SURS) announced Friday their portfolio returned 8.25 percent during Fiscal Year 2018, net of fees, exceeding the policy portfolio return of 7.86 percent. From a long-term perspective, the SURS portfolio has performed well, earning an 8.5 percent annualized rate of return over the past 30 years, well in excess of both the 8.1 percent policy portfolio return and the 7.25 percent assumed rate of return.

Sep-11-18 State Universities Retirement System Board Meetings

Champaign, IL - The Investment Committee, Audit & Risk Committee, Legal & Legislative Committee, Board Governance Committee, Executive Committee, Administration Committee and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, Sept. 13 and Friday, Sept. 14, 2018, at SURS, 1901 Fox Drive in Champaign.

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