The State Universities Retirement System Board of Trustees has hired Douglas Wesley as Chief Investment Officer.
The January Advocate is now available online, featuring articles on our new executive director, the legal and legislative team, employee of the year, investments, the Self-Managed Plan, legislation and upcoming webinars and seminars.
On Aug. 26, 2016, PA 99–0897 was signed into law allowing certain SURS participants to establish service and earnings credit for periods of furlough or periods of voluntary pay reduction taken in lieu of furlough. Read more.
The State of Illinois TRAIL Medicare Advantage open enrollment period for participating annuitants and survivors is October 14 – November 15, 2016. The 2017 plan year will begin January 1, 2017, and will run through December 31, 2017.
SURS July 2016 benefit payment notifications (check stubs) will be mailed at the end of June. It will be the final time most members will receive a paper check stub. Members may log in to their secure Member Website to view their payment details.
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.