SURS is offering a Retirement Education Seminar for members enrolled in the Traditional and Portable plans. This popular one-day seminar will be held at the SURS Naperville location in the Northern Illinois University Outreach Center at 1120 East Diehl Road in Naperville (map/directions) from approximately 9:00 am to 3:00 pm on:
Wednesday, November 7th
Topics will include:
Social Security
A Social Security representative will be available to discuss your eligibility for Social Security and Medicare, how your Social Security benefit is affected by SURS, and other general Social Security information.
Insurance
An insurance representative will present information on eligibility, coverage, cost, and dependent information for both State of Illinois Insurance and the College Insurance Plan (CIP).
SURS Session for Traditional and Portable Members
- Eligibillity for retirement
- Purchasing additional service credit-cost, availability, ways to purchase, how the purchase may benefit you
- How benefits are calculated under both Money Purchase (if applicable) and General Formula
- What happens when you pass away
- Death Benefits-who qualifies, amount payable
- Survivor Benefits-who qualifies, amount payable
- Applying for your retirement benefit
- What happens after you retire-Preliminary Estimated Payment state (PEP), Taxes, Automatic Annual Increase (AAI), Returning to work after retirement
- Benefits to having a one-on-one counseling appointment within four years of retirement
The enrollment fee is $20 per member and $10 for a non-member guest. Lunch will be provided. Please contact Karen Maggio by phone at 217-378-8813 or email kmaggio@surs.org to register.
Please Note: This seminar is not an approved event for excused time; therefore, employees who wish to attend during scheduled work hours must obtain prior approval from their supervisor and use leave time in accordance with University policy.
