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Pension
Working Group
What is the Pension Working Group?
(15 ILCS 505/16.10) |
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Public Act 096-0006 amends the State Treasurer Act to
add a new Section titled "working group; peer cost
comparison." The Treasurer shall convene a working
group consisting of representatives from the retirement
systems, pension funds, and investment board created under
the Illinois Pension Code, persons that provide investment
services, and members of the financial industry. The working
group shall review the performance of investment managers
and consultants providing investment services for the
retirement systems, pension funds, and investment board
created under the Illinois Pension Code. The group shall
develop uniform standards for comparing the costs of investment
services and make recommendations to the retirement systems,
pension funds, and investment board. In performing its
functions under this Section, the working group shall
work in coordination with the Commission on Government
Forecasting and Accountability. The Office of the State
Treasurer shall provide administrative assistance to the
working group as the group deems necessary and appropriate.
The working group shall draft a report, and the Treasurer
must submit such report, to the Governor and the General
Assembly by January 1, 2011.
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James M. McNamee
President - IPPFA
Barrington Police Pension Fund
630-784-0406
jim.mcnamee@ippfa.org
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On March 12, 2010 James McNamee was notified by
Alex Giannoulias, Illinois State Treasurer, of his
appointment to the Pension Working Group.
At the first meeting (April 5, 2010) of the Pension
Working Group, James McNamee was unanimously elected
to be the Chair Person.
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Pension Working Group Appointees
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County
Employees' Annunity & Benefit Fund
Nickol Hackett, Chief Fiscal Officer
Fireman's Annuity & Benefit Fund of Chicago
Anthony Martin, Secretary
General Assembly Retirement System
Timothy Blair, Acting Executive
Secretary
Illinios Municipal Retirement Fund
Walter Koziol, Chief Investment
Officer
Illinois Public Pension Fund Association
James McNamee, President
Illinois State Board of Investments
William R. Atwood, Executive Director
Judges' Retirement System
Justice Thomas Hoffman
Labors' and Retirement Board Employees'
Annunity & Benefit Fund of Chicago
James Capasso, Jr., Executive Director
Metropolitan Water Reclamation District Retirement
Fund
Susan A. Boutin, Executive Director
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Municipal
Employees' Annunity & Benefit Fund of Chicago
James Mohler, Chief Investment
Officer
Park Employees' Annunity & Benefit Fund
Luke J. Howe, Executive Director
Chicago Teachers' Pension Fund
Kevin B. Huber, Executive Director
Regional Transit Authority
Joseph Costello, Chief Fiscal Officer
State Teacher's Retriement System
Stan Rupnik, Chief Investment Officer
State Universities Retirement System of Illinois
Daniel L. Allen, Chief Investment
Officer
Franklin Park, LLC
Brad Atkins, CEO
Segall, Bryant & Hamill
Phil Hildebrandt, CEO
Adams Street Partners
Miguel F. Gonzalo, Parner |
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