SURS is the administrator of a cost-sharing, multiple-employer public employee retirement system established July 21, 1941, to provide retirement annuities and other benefits for employees, survivors, and other beneficiaries of those employees of the state universities, community colleges, and certain other state educational and scientific agencies. The plans administered by SURS include a defined benefit plan established in 1941, a defined contribution plan established in 1998 and a deferred compensation plan established in 2021. SURS is governed by an 11-member board of trustees that includes four members elected, two annuitants elected, and five members appointed by the Governor, of which one is the appointed chair of the Illinois Board of Higher Education.
United States
$29
8.3
Suzanne Mayer
Michael Schlachte
John Lyons
35% Traditional Growth
17% Stabilized Growth
16% Non-Traditional Growth
5% Inflation Sensitive
10% Principal Protection
17% Crisis Risk Offset
Asset allocation as of June 30, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website