The SURS Board of Trustees recently set the effective date for changes to the Money Purchase factors as January 4, 2016.
Sangamon County Circuit Court Judge John Belz today sided with state workers and retirees finding P.A. 98-599 unconstitutional. The state has 30 days to appeal directly to the Illinois Supreme Court.
Minutes are posted when they have been approved by the SURS Board of Trustees. The most recent minutes are at the top of their respective tables.
From 1941 (when the Universities Retirement System was created by law) to 1953, the University of Illinois had its own advisory committee to advise the president on retirement system matters. The president then referred specific recommendations to the Board of Trustees of the Retirement System.