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The State Universities Retirement System, or SURS, is an agency in the U.S. state of Illinois government that administers retirement, disability, death, and survivor benefits to eligible SURS participants and annuitants.
As of June 30, 2021, there were 127,518 annuitants and beneficiaries. Benefits. Subject to various qualification requirements, members and annuitants of TRS may be eligible for a range of benefits including: retirement annuity; death benefits; disability benefits; health insurance (post-retirement) Funding. TRS has several sources of funding:
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...
The Legislature revived efforts to consider legislation funding K-12 education with a new model and a bill to revise the state retirement system. MS lawmakers revive bills to fund K-12 education ...
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The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees. [1]
University of Texas Health Science Center at Houston (UTHealth) University of Texas Health Science Center at San Antonio. University of Texas Health Science Center at Tyler. Texas A&M University System. Texas A&M University (Texas A&M or A&M) ( College Station, Galveston, Doha - flagship/main campus) Prairie View A&M University.