Coming in January 2022, SURS will be offering a new, voluntary retirement savings opportunity that will be available to SURS-eligible employees through payroll deduction. The SURS 457 Deferred Compensation Plan (DCP) is supplemental to your SURS Traditional, Portable, or Retirement Savings Plan.
You may contribute up to the maximum IRS limit ($20,500 for 2022) in both the University Supplemental 403(b) Plan and the new SURS DCP. However, the SURS DCP and the existing State of Illinois Deferred Compensation 457 Plan available through CMS would have a single, combined IRS limit.
Learn more about the SURS 457 DCP
Watch your email and postal mail for additional information from SURS in the coming weeks.
Questions?
Call the SURS Defined Contribution Contact Center at 800-613-9543 or TDD 800-579-5708 to talk to a Customer Service Associate, Monday – Friday, 7 a.m. to 7 p.m.
