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Pension Working Group

What is the Pension Working Group?

(15 ILCS 505/16.10)

 
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.


 


James M. McNamee
President - IPPFA
Barrington Police
  Pension Fund
630-784-0406
jim.mcnamee@ippfa.org
 




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.




pdf  State Treasurer's Working Group on Investments

 

Pension Working Group Appointees

 
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
 
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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