Press Releases

The State Universities Retirement (SURS) Board of Trustees on June 9, voted to keep the System’s long-term expected rate of investment return at 7.25 percent for FY 2018. SURS annually reviews the rate for reasonableness with the assistance of actuarial and investment consultants. The rate was most recently reduced in 2014 from 7.75 percent to the current rate.

Champaign, IL - The Administration Committee, Investment Committee, Audit & Risk Committee, Administration Committee, Legal & Legislative Committee, Executive Committee and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, June 8 and Friday, June 9, 2017, at Northern Trust, 50 S. LaSalle in Chicago.

The State Universities Retirement System’s (SURS) Board of Trustees on Thursday approved a formal search for firms to provide non-core, private commercial real estate debt commingled fund investment management services. One or more investment managers will be hired to manage a total of $20-$60 million. The purpose of the allocation is to reduce total plan risk and diversify the portfolio.

Champaign, IL - The Investment Committee and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, April 20, 2017, at Northern Trust, 50 S. LaSalle in Chicago.

Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees has hired Douglas Wesley as Chief Investment Officer (CIO).

The State Universities Retirement System’s (SURS) Board of Trustees took the following actions during its March 10 meeting

Champaign, IL – The Investment Committee, Audit and Risk Committee, Legal and Legislative Committee, Corporate Governance Committee, Executive Committee and the Board of Trustees of the State Universities Retirement System will meet on Thursday, March 9 and Friday, March 10, 2017.

Champaign, IL - The Executive Committee of the State Universities Retirement System Board of Trustees will hold a special meeting on Monday, February 27, 2017, at Heidrick & Struggles in Chicago.

Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on Friday approved the issuance of a formal "request for proposals" (RFP) seeking qualified firms interested in providing passive investment management services. One or more firms will be considered with the RFP being issued on or before March 1, 2017.

Champaign, IL - The Investment Committee, Executive Committee and the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, Feb. 2 and Friday, Feb. 3, 2017, at Northern Trust, 50 S. LaSalle in Chicago.