REPORT DIGEST

STATE UNIVERSITIES RETIREMENT SYSTEM

COMPLIANCE EXAMINATION

For the Year Ended: June 30, 2011

Release Date: February 9, 2012

Summary of Findings:

Total this audit: 0

Total last audit: 0

Repeated from last audit: 0

State of Illinois, Office of the Auditor General

WILLIAM G. HOLLAND, AUDITOR GENERAL

To obtain a copy of the Report contact:

Office of the Auditor General, Iles Park Plaza, 740 E. Ash Street, Springfield, IL 62703

(217) 782-6046 or TTY (888) 261-2887

This Report Digest and Full Report are also available on the worldwide web at www.auditor.illinois.gov

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INTRODUCTION

This digest covers our compliance examination of the System for the year ended June 30, 2011. A financial audit covering the year ending June 30, 2011 was issued separately.

AUDITORS’ OPINION

Our auditors state the June 30, 2011 financial statements of the State Universities Retirement System are presented fairly in all material respects.

WILLIAM G. HOLLAND

Auditor General

WGH:TLK:PP

SPECIAL ASSISTANT AUDITORS

McGladrey & Pullen LLP were our Special Assistant Auditors for this engagement.