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  • Csu Declaration Of State Under The State Universities Retirement System (surs) Form

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Office of Human Resources Declaration of State under the State Universities Retirement System (SURS) 9501 S. King Drive/ADM 203 Chicago, Illinois 60628-1598 Tel. 773.995.2040 Fax 773.995.2942 The Illinois Pension Code, Public Act 97-0968, and Board of Trustees Regulations require Chicago State University to verify specific information prior to employment. This form is required to be submitted to the Office of Human Resources at least two (2) weeks prior to the start of the individual s appo.

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Plan Options & Summary All SURS retirement plans are 401(a), non-ERISA plans. A Defined Benefit Plan provides you with a specific, guaranteed amount when you retire. The amount you receive is based on a formula which takes into account your years of service and salary history.

To be eligible for SURS participation, individuals must meet the definition of “employee” under Section 15-107 of the Illinois Pension Code (40 ILCS 5/15-107). On or after January 1, 2023, SURS administrative rule, 80 Ill. Admin. Code § 1600-200 - Definition of “Employee” for SURS Participation, also applies.

If you are under full retirement age for the entire year, we deduct $1 from your benefit payments for every $2 you earn above the annual limit. For 2023, that limit is $21,240. In the year you reach full retirement age, we deduct $1 in benefits for every $3 you earn above a different limit.

SURS Members do not Participate In Social Security The state/employer does not contribute to Social Security on the employee's behalf, and there is no coordinated benefit for SURS-covered employment from Social Security upon retirement.

If you wish to withdraw your funds from SURS, you must complete an Application for Separation Refund. Depending upon your citizenship status, you may also be required to submit an IRS Form W-9 or W-8BEN. To obtain the required SURS paperwork: Dial Toll Free: 800-275-7877.

Yes. If you qualify for your own retirement and spouse's benefits, we will always pay your own benefits first. If your benefit amount as a spouse is higher than your own retirement benefit, you will get a combination of the two benefits that equals the higher amount.

The Government Pension Offset, or GPO, affects spouses, widows, and widowers with pensions from a federal, state, or local government job. It reduces their Social Security benefits in some cases.

Employees who participate in the State Universities Retirement System (SURS) do not have Social Security withheld from their pay and this pay does not earn quarters of social security coverage for such things as disability.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232