Stan Rupnik News Today

This marks the third year of cash infusions to bolster the pension plan, with a funding ratio stuck below 50%.

Previously an investment consultant with Meketa, Jones started in the newly created position on October 10.

Illinois Teachers’ Retirement System (TRS) has named Ghiané Jones Deputy Chief Investment Officer with responsibilities of co-directing the supervision of staff, operations, accounting, control, performance, and risk management. The hire date was October 10. TRS says: “The role is an important new addition to the TRS investment leadership team. Jones, who lives in Chicago, will…

Retirement system’s funded level rises 1.3% in fiscal 2022 despite investment loss.

A conservative strategy proved effective in mitigating losses in a tough market.

Fund reported 26 commitments and two terminations between February and May.

(The Center Square) – A measure at the Illinois statehouse that looks to extend the pension buyout program is now onto the Illinois Senate after finding nearly unanimous support in the House. Illinois' pension funds for...

(The Center Square) – With Illinois’ continued $140 billion unfunded pension liability, pension buyout programs are showing some results. Taxpayer costs for Illinois’ public sector pensions take nearly a quarter of the ...