|Jan-29-16||FY 2015 Annual Report Released||
SURS has posted its 2015 Comprehensive Annual Financial Report. The 100-page report outlines the System’s financial statements, investment results, funding analyses, and benefit payments.
|Jan-28-16||January Newsletter Now Available|
|Jan-27-16||Into the Vault - SURS 1941-2016||
|Jan-26-16||A New Look to Begin our 75th Year of Service||
SURS has a new logo that we are introducing in honor of our 75th anniversary! Look for this symbol on all emails and materials that you receive in the future.
Our fresh, new look is a symbol of our core beliefs of integrity, professionalism, and accountability; and a renewed commitment to deliver timely, quality service to our members.
|Jan-20-16||Proof-of-Insurance Tax Forms Being Sent to Members||
The Affordable Care Act requires issuers of insurance and some employers to send Forms 1095-B and 1095-C to members. When filing taxes in 2016, most people will have to report to the federal government whether they, along with their tax dependents, had medical insurance coverage during the previous year. The law stipulates that beginning in tax year 2015, people who don't have at least a minimal level of coverage could have to pay a fine to the Internal Revenue Service (IRS).
|Dec-11-15||Call Center Assessment and Roadmap||
The State Universities Retirement System of Illinois (SURS) is requesting proposals from an independent consulting firm to review our current customer contact capabilities including call center, web applications and other communications channels and to help us develop a roadmap leveraging current and new technologies to create efficiencies and improve customer satisfaction with our 229,000 members.
The State Universities Retirement System is requesting proposals to provide janitorial services for its headquarters office building located at 1901 Fox Dr., Champaign, Illinois. The building occupies 35,000 square feet on one floor.
|Nov-16-15||Private Equity Emerging Manager Fund of Funds Search||
The State Universities Retirement System of Illinois is requesting proposals from qualified firms interested in providing Private Equity Emerging Manager Fund of Funds Advisory Services. One or more firms will be considered to manage approximately $100 million in total.
|Nov-16-15||Equity Option Overlay Search||
The State Universities Retirement System is requesting proposals from qualified firms interested in providing Portfolio Equity Index Option Overlay Investment Management Services. The purpose of this allocation is to generate incremental income from writing put and call options on SURS existing equity exposure, consistent with existing SURS policy ranges and rebalancing practices.
|Oct-26-15||Actuarial Audit Firm Search||
The State Universities Retirement System of Illinois (SURS), a cost-sharing, multiple-employer public retirement system is requesting proposals from qualified bidders for full scope actuarial auditing services for the State Universities Retirement System of Illinois (SURS). The full scope actuarial audit would include a complete actuarial valuation based on the same census data, assumptions and actuarial methods used by our actuary, providing a detailed report and presentation of the findings.