Learn more about how pension funding changes will impact your retirement. Sessions are free of charge, but registration is required to ensure adequate seating. The State Universities Retirement System (“SURS”) will host retirement seminars to explain the recent pension changes, open to all University of Illinois employees. SURS Tier I members (members who first began participation in SURS or another reciprocal system prior to 1/1/2011) will find the information most beneficial. Topics to be covered include:
- Employee Contributions
- Retirement Age Eligibility
- Maximum Pensionable Earnings Cap
- Effective Rate of Interest
- Money Purchase Actuarial Changes
- Automatic Annual Increase (AAI)
- New Defined Contribution Plan
- Funding Changes
Visit NESSIE at http://nessie.uihr.uillinois.edu/retirementseminar for a schedule of sessions. Registration is required and can be completed online through this site.
SURS recommends members bring a copy of your 2013 Benefit Summary Statement to the presentation. You can print this statement from your member account at www.surs.org.
Urbana
Thursday, May 8, 10:00am - 11:30am
Tuesday, May 20, 10:00am - 11:30am
Chicago
Saturday, April 26, 8:00am - 1:00pm - UIC Retirement Planning Conference (SURS will be one of the presentations at this event)
Friday, May 2, 10:00am - 11:00am
Tuesday, May 20, 10:00am - 11:30am
Springfield
Thursday, May 1, 11:00am - 12:30pm
Register at http://nessie.uihr.uillinois.edu/retirementseminar
