Asset Owner Directory

State Universities Retirement System of Illinois

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.

Country

United States

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$35

Performance (%, 1YR)

5.3

Chief Executive

Suzanne Mayer

Chief Investment Officer

Michael Schlachte

Chair

John Lyons

Asset allocation

36% Traditional Growth

17% Stabilized Growth

15% Non-Traditional Growth

5% Inflation Sensitive

10% Principal Protection

17% Crisis Risk Offset

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