News Features

Aug-07-19 Atkinson Appointed SURS Board Chair

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.

Aug-06-19 IBM iSeries Replacement

The State Universities Retirement System (SURS) is soliciting proposals to replace an existing IBM Power System Model 720 Server (8202-E4B) running OS V7R3 with an IBM Power System S914 (9009-41A).

Aug-02-19 Professional Recruiting Services

The State Universities Retirement System (SURS) is soliciting proposals from qualified and experienced professional search firms to provide recruitment services in order to expedite the hiring process for full-time position vacancies.

The intent of this request for proposals (RFP) is to partner with one or more recruiting firms to provide high quality service, delivering highly qualified candidates for SURS to consider at a competitive cost per recruitment.

Aug-01-19 Employer Census Agreed Upon Procedures

The State Universities Retirement System (SURS) is soliciting proposals from independent public accounting firms to provide employer census data agreed upon procedures for employers (state universities, community colleges, and affiliated organizations) with members participating in SURS. Provided services shall include, but not be limited to: client meetings and consultations; field testing at employers; and reporting to employers, SURS management, and SURS Audit Committee.

Jul-31-19 SURS July Newsletter

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.

Jun-11-19 SURS Announces Board Vacancy

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.

May-29-19 IT Research & Advisory Services

The State Universities Retirement System (SURS) is soliciting proposals for procurement of information technology research and advisory services from an experienced provider who offers these services as a core component of their business. The purpose is to equip SURS’ Information Technology (IT) leaders with current information to identify technology trends, and assist technology directions with tools, templates, and current analysis to ensure the most effective delivery of essential IT services to SURS.

May-28-19 Optional Buyout Webinar

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.

May-28-19 Pension Buyouts Begin July 1

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.

May-10-19 Professional Services: External Legal Counsel - All Areas

The State Universities Retirement System (SURS) is soliciting proposals for external legal counsel to provide legal services and advice relative to the following areas: Investments, application of the Illinois Pension Code and administrative procedures, state and federal tax issues pertaining to 401(a) and 457(b) plans, board governance, labor and employment matters and fiduciary liability.

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