Pensions
Illinois Teachers to Receive $6.2B From State to Boost Funded Status
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.
Fund reported 26 commitments and two terminations between February and May.
‘Invaluable’ Jose Gonzalez succeeds Kirk Sims, who left for the Texas Teachers’ Retirement System.
Investment returns fell by 50% from 2017 for state and university educators.