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Governor Appoints Schumacher to SURS Board
September 26, 2018
Gov. Bruce Rauner has appointed Lisa Schumacher of Chicago to the State Universities Retirement System (SURS) Board of Trustees. |
Medicare Advantage Open Enrollment
September 26, 2018
The State of Illinois TRAIL Medicare Advantage open enrollment period for participating annuitants and survivors is October 15 - November 15, 2018. The 2019 plan year will begin January 1, 2019, and will run through December 31, 2019. |
New Law Allows CIP Eligible Members to Opt Back Into Plan
September 13, 2018
College Insurance Program (CIP) members and their dependents who previously opted-out of their health benefits plan will now be allowed to opt-back-in. |
SURS July Newsletter
July 31, 2018
The July Advocate is now available online, featuring articles on the board of trustees election, upcoming optional buyout plans, Money Purchase Factor changes, SURS asset liability study, investments, SURS IT team, and fall webinars and seminars. |
State Budget Includes Pension Code Changes that Affect SURS Members
June 12, 2018
The FY 2019 state budget includes an accelerated pension buyout option for vested, inactive members; a 3 percent automatic annual increase (AAI) buyout option for Tier I members; and increased employer contributions for employee raises over 3 percent. |
SURS Members Elect New Trustees
May 4, 2018
Steven Rock and Collin Van Meter have been elected to serve on the SURS Board of Trustees by the System’s active members. John Engstrom was elected to serve as an annuitant trustee. |