Share Tweet Share Email

SURS retirement ed seminar at NIU-Naperville Oct. 30

July 23, 2014

NIU-Naperville signThe State Universities Retirement System (SURS) is offering fall retirement education seminars for members enrolled in its traditional and portable plans. The following one-day seminars will be held at the SURS Naperville Outreach office located within the NIU-Naperville Education Center in Naperville. The employer-specific sessions will be held from approximately 9 a.m. to 3 p.m. on the following dates:

  • Thursday, October 30th – University Employees
  • Thursday, November 6th – Community College Employees

Registration is required. The enrollment fee is $20 per member and $10 for a non-member guest. Lunch will be provided.

Topics will include:

  • Eligibility 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 stage (PEP), Taxes, Automatic Annual Increase (AAI), Returning to work after retirement
  • Using the online Member Estimator
  • Benefits to having a counseling appointment within four years of retirement

A tentative agenda is available online.

Please contact a SURS representative at 800-275-7877 to register.