The State Universities Retirement System (SURS) will hold a board election during April 2018 to fill three expiring trustee positions. All active SURS members and annuitants are encouraged to consider running for a trustee position.
An impartial election services company will conduct the election. Candidate packets and petition forms are available now from kcarson@surs.org for information. Completed petitions will be due to SURS on Jan. 31, 2018.
The SURS Board of Trustees consists of 11 trustees: five appointed by the governor including the chairperson who also serves as the chair of the Illinois Board of Higher Education, four active members elected by SURS active members, and two annuitants elected by the annuitants of the System.
Two active board member terms and one annuitant (retired) board member term will expire in June 2018. Dorinda Miller, Steven Rock and John Engstrom currently hold the seats, respectively.
The voting period will be April 2 through May 1, 2018, with results to be announced on May 4, 2018.
Active member candidates are nominated by petitions in writing, signed by no less than 400 participants. Annuitant candidates are also nominated by petitions in writing, signed by no less than 100 annuitants. All candidates must also complete an application.
All eligible SURS members will receive a ballot along with candidate information prior to April 2, 2018. Members will be able to vote by returning a paper ballot in a postage-paid envelope, by phone or online. Voting will be handled directly through the election services company.
Inactive members may sign candidate petitions for active-member positions but inactive members are not eligible to vote.
The SURS Board of Trustees meets quarterly, with additional committee meetings scheduled throughout the year. Trustees are also required to meet certain annual ethics, legislative and fiduciary training requirements as well as complete eight hours of educational conferences on investments and public pension administration.
Elected trustees serve six-year terms.