New Law Allows CIP Eligible Members to Opt Back Into Plan
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.
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Project Manager Resource
The State Universities Retirement System of Illinois (SURS) is requesting a combined, fixed-price proposal for the delivery of Project Management services . Specifically, we require a project manager resource to help with the execution of a mission critical project. This includes all business requirements gathering/scoping, task delivery oversight, meeting coordination, quality testing and status reporting as required. All SURS project staff will be located at headquarters, 1901 Fox Drive in Champaign, Illinois.
Transition Manager
The State Universities Retirement System of Illinois (SURS) requests proposals from qualified firms to provide transition management services. SURS is issuing the RFP for due diligence purposes, to ensure its receipt of quality services in a cost-effective manner.
State Budget Includes Pension Code Changes that Affect SURS Members
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.
Operational Review of Public Pension System
The State Universities Retirement System of Illinois (SURS) is seeking proposals from qualified candidates and eligible organizations for an operational review of the SURS organization. SURS strives to provide high quality, cost-effective and efficient service to its members and stakeholders.
SURS Members Elect New Trustees
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.
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