Illinois Compiled Statutes

40 ILCS 5/15-101 (2026)

Creation of system

✓ current as of May 2026
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(40 ILCS 5/15-101) (from Ch. 108 1/2, par. 15-101)
    Sec. 15-101. Creation of system. A retirement system is created to provide retirement annuities and other benefits for employees, as defined in this Article, and their dependents.
    The system shall be known and may be cited as State Universities Retirement System. All the business of the system shall be transacted in that name.
(Source: P.A. 83-1440.)

    
Notes of Decisions
Cited in 5 cases, 1998–2015 · leading case: Mattis v. State Universities Ret. Sys., 816 N.E.2d 303 (Ill. 2004).
Mattis v. State Universities Ret. Sys., 816 N.E.2d 303 (Ill. 2004). “In this claim, Mattis had argued that, following his retirement from his position as a law professor at Southern Illinois University (SIU) in 1994, SURS calculated his retirement annuity based on an incorrect interpretation of certain provisions of article 15 of the Illinois…”
In re Pension Reform Litig., 2015 IL 118585 (Ill. 2015). “(West 2012)); the State Universities Retirement System (SURS) (40 ILCS 5/15-101 et seq. (West 2012)); the Teachers’ Retirement System of the State of Illinois (TRS) (40 ILCS 5/16-101 et seq.”
Mattis v. State Universities Ret. Sys., 695 N.E.2d 566 (Ill. App. Ct. 1998). “Following a hearing, the System concluded article 15 of the Pension Code (Code) (40 ILCS 5/15-101 et seq. (West 1992)), particularly section 15-136.”
In re Pension Reform Litig., 2015 IL 118585 (Ill. 2015). “(West 2012)); the State Universities Retirement System (SURS) (40 ILCS 5/15-101 et seq. (West 2012)); the 1 In retrospect, the State’s “Motion for Accelerated Docket” is perplexing.”
Mattis v. State Universities Ret. Sys. (Ill. App. Ct. 1998). “Following a hearing, the System concluded article 15 of the Pension Code (Code) (40 ILCS 5/15-101 et seq. (West 1992)), particularly section 15-136.”
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