Meeting of the Administration Committee

March 6 @ 9:00 am - 11:00 am

Champaign, IL – The Administration Committee of the Board of Trustees of the State Universities Retirement System (SURS) will meet on Friday, March 6, 2026, at the SURS Office at 1901 Fox Drive, Champaign, IL.

Times shown on the agenda that follows are approximate.

Members of the public who would like to make public comments during any SURS Board of Trustees or Committee meetings that are open to the public must comply with the requirements found in Title 80, Subtitle D, Chapter II, Section 1600.120 (i)(1) and (2) of the Illinois Register. Click here for details.

Optional Remote Connection for Public Members

Zoom Meeting Number: 1-312-626-6799 | Meeting ID: 876 3775 8150 Passcode: 514973

1. 9:00 a.m.

Roll Call of Trustees

2.* 9:00 a.m.

Motion to Allow Trustees to Participate Via Electronic Means pursuant to the Illinois Open Meetings Act, if Necessary

3.* 9:00 a.m.

Approval of the Administration Committee Meeting Minutes of:

a. December 5, 2025

Presenter: Trustee Collin Van Meter

4. 9:00 a.m.

Chairperson’s Report

Presenter: Trustee Collin Van Meter

5. 9:05 a.m.

Annual Comprehensive Financial Report – Educational Session

Presenter: Ms. Tara Myers

6.* 10:05 a.m.

Discussion of Fiscal Year 2027 Compensation Adjustments

Presenters: Ms. Nichole Hemming and Mr. Joe Rice of CBIZ

7. 10:05 a.m.

Major Budget Initiatives for Fiscal Year 2027

Presenters: Mr. Jefferey Saiger

8. 10:35 a.m.

Quarterly Pension Administration System (PAS) Update

Presenters: Mr. Jefferey Saiger and Linea Solutions

9. 11:00 a.m.

Public Comment

10.* 11:00 a.m.

Adjourn

* Denotes Action Item