State retirees and survivors will no longer be required to pay a percentage of their annuity for health insurance premiums following a ruling by the Sangamon County Circuit Court.
For the third time, SURS is to receive a large financial settlement stemming from the national banking scandal investigation.
Effective September 1, 2014, the percentage of annuity State of Illinois retirees and survivors pay for health insurance will revert to 1% or 2%.
If you are a Traditional or Portable member who would normally receive a paper Benefit Summary Statement, SURS invites you to log on to the Member Website and visit the new Member Summary page. The Member Summary page is not available to annuitants.
A new study shows pension spending supports 6.2 million jobs and $943 billion in economic output nationwide.