Meeting of the Audit & Risk Committee

June 4 @ 2:15 pm - 3:30 pm

Champaign, IL – The Audit & Risk Committee of the Board of Trustees of the State Universities Retirement System (SURS) will meet on Thursday, June 4, 2026, at Northern Trust Global Conference Center, 50 S. LaSalle St., Chicago, IL 60604.

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: 884 7447 6060 Passcode: 434346

1. 2:15 p.m.

Roll Call of Trustees

2.* 2:15 p.m.

Motion to Allow Trustees to Participate Via Electronic Means, if Necessary​

3.* 2:15 p.m.

Approval of the Audit & Risk Committee Meeting Minutes of:

a. March 5, 2026

Presenter: Trustee Fred Giertz

4.* 2:15 p.m.

Approval of the Closed Session Audit & Risk Committee Meeting Minutes of:

a. March 5, 2026

Presenter: Trustee Fred Giertz

5. 2:20 p.m.

Chairperson’s Report

Presenter: Trustee Fred Giertz

6. 2:25 p.m.

External Audits

a. Special Situation Funding (GASB 67 – Employer)

b. Special Funding Situation (GASB 67 – State)

Presenter: Ms. Jackie Hohn

7. 2:35 p.m.

Internal Audit Update

a. Payroll Audit

Presenter: Ms. Jackie Hohn

8.* 2:45 p.m.

Approval of the Two-Year Audit Plan

Presenter: Ms. Jackie Hohn

9.* 3:00 p.m.

Fraud Report – Closed Session

Presenter: Ms. Bianca Green

10. 3:15 p.m.

Information Systems Security Update – Closed Session, if Necessary

Presenter: Mr. Jefferey Saiger

11. 3:30 p.m.

Public Comment

12.* 3:30 p.m.

Adjourn

* Denotes Action Item