Champaign, IL – The Executive Committee of the State Universities Retirement System (SURS) Board of Trustees on Thursday, May 26, 2016, pursuant to a request for information, selected Chicago-based Heidrick & Struggles International, Inc.
On May 3, 2016, SURS was presented with honors from both the Illinois House and Senate commemorating the System’s 75th anniversary. See the resolution, certificates of recognition and photos from the event.
Tom Cross, chairperson of the State Universities Retirement System’s (SURS) Board of Trustees, announced today that SURS Executive Director W. Bryan Lewis will step down effective the end of June, to accept a position with the Pennsylvania State Employees' Retirement System (PA SERS).
The Illinois Office of Comptroller (IOC) has set the Fiscal Year 2017 rate of interest at 6.75 percent. Public Act 94-4 requires the IOC to annually set the effective rate of interest used in calculating accumulated normal contributions for use in the Money Purchase calculation.
SURS has been made aware of a recently published article that reports SURS made a campaign contribution to a candidate for state representative. The article is inaccurate. SURS does not make political contributions.
Gov. Bruce Rauner today announced the appointment of Tom Cross to serve as chairperson of the SURS Board of Trustees.