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.
Gov. Pritzker has appointed Richard Figueroa, Jamie-Clare Flaherty and John Lyons to the State Universities Retirement System (SURS) Board of Trustees.
SURS has learned that many of our members recently received a letter from the Illinois Policy Institute (IPI) urging them to end their automatic deductions for union dues and/or dues to retirement organizations.
The February Advocate is now available online, featuring articles on the two new buyout options, the FY 2018 annual report, 2019 educational webinars and seminars, investments, legislation, SURS employee of the year, 1099-R forms and much more. www.surs.org/advocate
SURS has been made aware of a spam messaging campaign that looks to have originated from one of our accounts – security@surs.org. Please be aware that these messages are not authentic. Our information security team has taken the necessary steps to remedy the situation.
The SURS Fiscal Year 2018 Comprehensive Annual Financial Report is now available to view online.
