| Title: | State Universities Retirement System Board of Trustees |
| Website: | State Universities Retirement System Board of Trustees |
| Contact Name: | Suzanne Mayer |
| Contact Title: | Executive Director, Board of Trustees, State Universities Retirement System |
| 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. The term of an appointed trustee shall terminate immediately upon becoming a member of the system or being sworn into an elective State office, and the position shall be considered to be vacant
- 4 participating employees 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 |