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STATE UNIVERSITIES RETIREMENT SYSTEM

Executive Director: William E. Mabe

Chairperson:  Lindsay Anderson

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Advocate Cover 2015 February Newsletter Now Available February 20, 2015

The February Advocate is now available online, featuring articles on the board of trustees election, SURS investment team, the Self-Managed Plan, legislation passed during veto session, Money Purchase Factor changes, and our 2014 Employee of the Year.

Retirees Understanding Your SURS Benefits Webinar - Tier I February 19, 2015

This webinar is for Tier I members who first began their SURS (or other eligible Illinois reciprocal system) participation prior to Jan 1, 2011.

Explore your future image Retirement Transition Workshop February 19, 2015

SURS is partnering with the U of I Extension to bring a new retirement transition program to our members (active and retired) ages 55-plus.

Calculation Image New Money Purchase Factors Effective Date Set February 18, 2015

The SURS Board of Trustees recently set the effective date for changes to the Money Purchase factors as January 4, 2016.

gavel Retiree Health Insurance Premiums Class Action Lawsuit Information January 29, 2015

Affected SURS members will soon receive a letter and form explaining their rights and opt-out option in the “percent of annuity” insurance premium settlement (i.e., Kanerva v. Weems).

SURS 2014 Annual Report Cover SURS 2014 Annual Report Released January 27, 2015

SURS has posted its 2014 Comprehensive Annual Financial Report. The 104-page report outlines the System’s financial statements, investment results, funding analyses, and benefit payments.

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