A Guide to Selecting Your SURS Pension
A Guide to Selecting Your SURS Pension - Bluestem Financial
Selecting the right Pension Plan under SURS is complex. Below are some of the factors we discuss and a summary of how they may impact your decision.
Depending on the plan you choose, delaying your retirement plan election could reduce your retirement benefit. If you do not select a plan within six months of ...
As a member of SURS, you have a choice when it comes to your retirement. You can select one of two defined benefit plans—the Traditional Pension Plan or the ...
The Traditional Pension Plan is also the default plan assigned to members who fail to choose a plan within six months of certification. Learn More. Z ...
Choosing one of SURS three retirement plans may seem a bit overwhelming at first. You will want to have a solid understanding of your options before you ...
New members must choose a retirement plan with- in six months from the date SURS receives their certification of employment from the employer. Your choice is ...
Members can choose the default investment option, SURS Lifetime Income Strategy (LIS) or create their port- folio by selecting individual funds from SURS core ...
Submit Retirement Election Form. You must choose your retirement plan and complete your Retirement Choice Election form within six months from the date SURS ...
State Universities Retirement System (SURS)
When you become eligible, you will make a one-time, irrevocable election among three available retirement benefit plans. Benefits in retirement depend on your ...
The SURS Retirement Savings Plan (RSP) is a defined contribution plan that establishes an account into which your contributions and the employer (state of ...
• When you are ready, select your plan online. Page 39. Lifetime Decision. One-time, lifetime, irrevocable decision. Cannot be changed. Six months to choose a ...
It provides lifetime retirement benefits and a survivor benefit at no additional cost. However, the separation refund feature is not as generous as the Portable ...
The beneficiaries you name for your RSP account are the individuals who would receive your plan assets in the event of your death. It is important to choose ...
Survivor Benefits, You can choose to provide a survivor benefit. Your monthly retirement benefit will be reduced to cover the cost of providing a survivor ...
The SURS Lifetime Income Strategy is designed to help members meet basic income needs in retirement. It is a flexible, target date portfolio that automatically ...
• Minimum requirements for reciprocal retirement benefit: • At least 1 ... • Follow instructions to choose your contribution rate and investments. • You ...
Retirement and Investment Plan Help
... SURS Plan Choice Tier II Webinar to assist with making your SURS plan election. Scheduling a SURS Retirement Savings Plan (RSP) Counseling Session. To ...
You can choose to provide a survivor benefit. Your monthly retirement benefit will be reduced to cover the cost of providing a survivor benefit. Survivor AAI.
How can I check the status of my retirement claim? · For Traditional or Portable Plan retirements: Retirement claims are finished on a first in, first out basis.
Retirement/Financial Planning - Benefits | SIUE
SURS will mail you a packet of information regarding your SURS retirement plan decision. The plan selection form should be mailed directly to SURS once you ...