The SURS Board of Trustees recently set the effective date for changes to the Money Purchase factors as July 2, 2019.
This webinar will provide background information on the Money Purchase calculation as well as an explanation on the effects of upcoming changes.
The changes to the Money Purchase factors will not affect:
- Current annuitants
- Survivor benefit recipients
- Self-Managed Plan participants
- Members who began participation on or after July 1, 2005
- Members whose benefit is highest under the General Formula calculation
You may review a previously recorded webinar and download the handout.
A computer with speakers or a headset and high speed internet access is required to attend this event. SURS webinars utilize Cisco WebEx Event software. The first time you attend an event, WebEx Event Center Manager will automatically be installed on your computer. However, if the computer you will be using requires an administrator to perform downloads; you should plan to download the application in advance. For installation directions, click here.