News Features

Jul-21-17 Outside Legal Counsel

The State Universities Retirement System of Illinois (SURS) requests proposals from private law firms to provide legal advice on various legal matters including but not limited to investments, benefits issues and administrative law and procedure and tax related issues for the SURS Board of Trustees and the System.

Jul-07-17 Legislature Passes FY 18 Budget including Optional Hybrid Plan

The Illinois General Assembly, on July 6, successfully voted to override the governor's veto and passed a FY 18 budget that identifies the appropriation of funds for SURS and includes provisions for creating an optional hybrid pension plan that will be available to current Tier II members and future new hires. The new plan will not affect Tier I members, retirees or SMP members.

Jul-07-17 Investment Consultant

The Investment Consultant RFP posted on July 7, 2017, has been withdrawn. SURS anticipates reissuing a new RFP for a general investment consultant in October. The quiet period will remain in effect at least until the September 15, 2017 SURS Board of Trustees meeting. Contact Chief Investment Officer Doug Wesley with questions at invest@surs.org.

Jul-05-17 Telecommunications SIP Trunking

SURS is seeking proposals from qualified candidates to provide SIP trunking for its cloud based Unified Communications System. The proposed trunks will replace currently installed ISDN PRI and T1 trunk circuits. The qualified candidate will provide 100Mbps fiber transport entering the facility via a path not currently utilized.

Jun-20-17 Manager Diversity Program (U.S. Equities) Amended

The State Universities Retirement System of Illinois (SURS) requests proposals from qualified minority-, female- and persons with a disability-owned (MFDB) investment management firms (Responders) to provide an active or structured active U.S. Equity product in the following U.S. equity sub-asset classes: Small-Cap Value/Core/Growth, Mid-Cap Value/Core/Growth, Smid-Cap Value/Core/Growth, Large-Cap Value and All-Cap Growth. Manager of Managers programs will be considered for only the U.S. Small-Cap Core and All-Cap Growth mandates.

Jun-15-17 Unified Communications as a Service (UCaaS)

SURS is seeking proposals from qualified candidates to provide a replacement for its premise based PBX. The proposed system shall be cloud based offering traditional telephony functions with unified communications features.

Jun-14-17 Governor Appoints SURS Trustee

Gov. Bruce Rauner has appointed Mark J. Cozzi to the State Universities Retirement System (SURS) Board of Trustees.

Cozzi is the managing partner and founder of Lincoln Park Capital Group, which he founded in 2008. In 2011, he became senior managing director of the Electrum Group, an investment firm focused on the natural resources sector. He rejoined Lincoln Park Capital Group in 2014.

May-08-17 IT Infrastructure Services

This project has been awarded to iTech Solutions.

May-01-17 Legal Counsel to Serve as Fiduciary Counsel

The State Universities Retirement System of Illinois (SURS) requests proposals from private lawyers or law firms to provide fiduciary counsel services for the SURS Board of Trustees and the System.

May-01-17 Benefit Choice Enrollment Period Extended to June 1

MyBenefits Service Center will continue to accept elections and voice mail messages regarding enrollment through 11:59 pm CT on June 1, 2017. Please note, every attempt will be made to return calls as soon as possible so that any members still awaiting a response from MyBenefits Service Center can complete their elections. Messages left by 11:59 pm CT on June 1 will have their Benefit Choice elections processed.

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