NIU employees have access to retirement benefits through the State Universities Retirement System (SURS). You can also choose to participate in a supplemental retirement plan with an approved vendor. When the time comes, we'll help you learn how to retire.
Please note: Since NIU employees don't pay into Social Security, you won't be eligible for Social Security coverage based on your employment at NIU. You will pay Medicare taxes.
NIU is responsible for confirming if you're eligible to participate in SURS. In general, you're eligible if your position requires you to work continuously for at least four months during one academic term or two months in the summer, and your employment is not intermittent or irregular.
You're not eligible if any of the following apply:
If eligible, you must enroll in one of three SURS retirement plans:
You'll need to enroll in a plan within six months of your start date. If you don't, you'll be placed in the Traditional Plan. Your choice is final and cannot be changed.
You'll enroll in a retirement plan through SURS. SURS will mail information to your home address or you may find out more about the plans on the SURS website. You must choose your plan within six months of your start date. Your choice is final and cannot be changed.
You can indicate your choice by returning the election form mailed to you or by making your selection online on the SURS member website. You will need your SURS member ID to register on the website for the first time which will be included in the information mailed to you. If you have not yet received the SURS information in the mail and want to enroll online, you can obtain your member ID by calling SURS at 1-800-ASK-SURS.
Please note: SURS uses a two-tiered system for its retirement plans. You're in tier I if you were hired before Jan. 1, 2011. If you were hired after that date, you're in tier II.