News Features

Mar-21-19 Important Message Concerning Automatic Dues Deductions - IPI Letter

SURS was troubled to learn that many of our members recently received a letter from the Illinois Policy Institute (IPI) urging them to end their automatic deductions for union dues or dues to retirement organizations.

This letter was sent without the knowledge or consent of SURS. SURS does not support the IPI or endorse their efforts to weaken employee benefits or the bargaining units that fight to preserve those benefits.

Feb-27-19 Office Furniture

The State Universities Retirement System (SURS) is soliciting proposals from qualified firms to provide office furniture and related design, delivery and installation services for a newly-renovated work space. Specifically, we are looking for a firm to collaborate with SURS to finalize the layout and configuration of cubicles and/or case goods for three (3) different departments using a tentative layout provided by SURS. The vendor will also provide furniture for private offices, a break room, and other multi-purpose meeting areas.

Feb-13-19 Low Voltage Network

The State Universities Retirement System (SURS) is soliciting proposals from qualified firms to provide a complete and operational low voltage network (also referred to as “structured network cabling system”). This includes labor, materials, transportation, equipment, and miscellaneous services required to accomplish this result for a newly-renovated work space located at 1801 Fox Drive, Champaign, IL.

Feb-12-19 SURS February Newsletter

The February Advocate is now available online, featuring articles on the two new buyout options, the FY 2018 annual report, 2019 educational webinars and seminars, investments, legislation, SURS employee of the year, 1099-R forms and much more. www.surs.org/advocate

Feb-06-19 General Contractor Services

The State Universities Retirement System (SURS) is soliciting proposals from qualified firms to establish a multi-year contract for construction services. Specifically, we are looking for a firm to act as General Contractor ("G/C") for renovations to a recently-acquired property located at 1801 Fox Drive, Champaign, IL and for additional construction services that may be requested during the contract term.

Feb-06-19 Real Assets Investment Searches

Callan, on behalf of the State Universities Retirement System (SURS), is requesting information from qualified firms interested in providing real asset investment services, which are limited to private real estate and infrastructure. All information and required documents are available on Callan’s website (www.callan.com) and on the SURS website (www.surs.org).

Feb-05-19 Spam Alert

SURS has been made aware of a spam messaging campaign that looks to have originated from one of our accounts – security@surs.org. Please be aware that these messages are not authentic. Our information security team has taken the necessary steps to remedy the situation.  We apologize for any inconvenience this may have caused.

Jan-18-19 Recordkeeping Services and Investment Services for the SURS 401(a) and 457(b) Retirement Plans

The State Universities Retirement System (SURS) has issued this Request for Proposal (RFP) to procure full service recordkeeping, custodial, and investment services for the Self-Managed Plan ("SMP"), an IRC Section 401(a) retirement plan, and a new supplemental plan under IRC Section 457(b) ("Supplemental Plan").

SURS is seeking to redesign the SMP to help better enable participants to maintain their standard of living in retirement. SURS is launching the Supplemental Plan to provide members with the tools they need to address any retirement readiness gaps.

Jan-15-19 SURS FY 2018 Financial Report

SURS 100-page annual report outlining assets; liabilities; employer contributions; investment policies, objectives and performance highlights; manager fees; membership and benefit statistics and more is available online for members to review. It is divided into five sections for easy navigation.

SURS FY 2018 Comprehensive Annual Financial Report

 

Jan-14-19 IT Staff Augmentation Services

The State Universities Retirement System (SURS) is soliciting proposals from staff augmentation and placement firms with the intent of establishing a multi-year Master Services Agreement(s) (MSA) with qualified vendors to allow for the hiring of technology professionals on an as-needed, temporary basis. Selected vendors will be eligible to provide IT staff augmentation services to SURS under agreed upon terms as needs arise.

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