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.
News
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.
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.
Benefit Choice Period for Health Insurance is May 1 -31, 2018
The FY 2019 Benefit Choice Period to make health insurance changes is May 1 through May 31, 2018. This affects SURS active members as well as annuitants and survivors not enrolled in the Medicare Advantage 'TRAIL' Program.
TRAIL/SEGIP Enrollees - Special Dental Only Benefit Choice Period
A special Dental Only Benefit Choice Enrollment Period will be available to SURS members enrolled in the State Employees Group Insurance Program and Medicare Advantage TRAIL during May 1-31.
New Money Purchase Factors Effective Date Set
The SURS Board of Trustees recently set the effective date for changes to the Money Purchase factors as July 2, 2019.
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