Press Releases

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.

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.

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.

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.

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.

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

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.

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.

Champaign, IL - The Executive Committee of the Board of Trustees of the State Universities Retirement System (SURS) will meet on Wednesday, July 25, 2018, at the offices of Burke, Burns & Pinelli, Ltd., 70 West Madison Street in Chicago.

Times shown on the agenda that follows are approximate.

Champaign, IL -The Investment Committee, Executive Committee, Audit & Risk Committee, Legal & Legislative Committee, Administration Committee and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, June 7 and Friday, June 8, 2018, at Northern Trust, 50 S. LaSalle St. in Chicago.