| Title: | State Universities Retirement System, Board of Trustees |
| Website: | http://www.surs.com/ |
| Contact Name: | Martin Noven |
| Contact Title: | Executive Director, Board of Trustees, State Universities Retirement System |
| Contact Phone: | 217.378.8877 |
| Contact E-Mail: | Executive_Director@surs.org |
| Function: | The Board administers State Universities Retirement System that provides annuities to faculty and nonacademic employees of state universities and colleges, Class 1 community colleges, scientific surveys, and other related agencies. |
| Term: | After an initial period of staggered terms consisting of either 3 year or 6 year terms, terms for the trustees shall be 6 years. |
| Senate Confirmation: | Yes |
| Party Affiliation: | N/A |
| Qualifications: | See composition |
| Compensation: | Expenses |
| Composition: | 11 trustees as follows:
- Chair of Higher Education
- 4 trustees appointed by the Governor, who are not members of the system, who shall not hold an elected state office
- 4 trustees who are active participants elected by active participants (max. 2 from U of I)
- 2 annuitant trustees elected by annuitants (max. 1 from U of I)
|
| Chair: | Appointed by the Governor from among the trustees |
| Authority: | 40 ILCS 5/15‑159 |