Investing the Assets of Firefighter Pension Funds

Providing Security and Adding Value

Contact Us

Trustee Election

2024 Participant and Executive Trustee Election

Additional Information

Investment Reports

Latest Portfolio Performance

View Reports

Account Representatives

Roles and Responsibilities

Account Representatives

Forms

Account Access and Cash Management Resources

View All Forms

FPIF News

2024 Executive Trustee Election Results

The FPIF Election Panel met December 9, 2024 to certify the 2024 Executive Trustee Election results. The election results are as follows: 145….David Pileski (Mayor, Village of Roselle) (certified winner) 144….Michael Troup (Mayor, City of Quincy) (certified winner) 77……Karl Langhammer (Treasurer, Carol Stream Fire Protection District) The trustees will serve a 4-year term beginning January 2, 2025.  ... 2024 Executive Trustee Election Results

Participant Trustee Initial Slate of Candidates

The FPIF Election Panel met on September 18, 2024, to approve the initial Slate of Candidates for the 2024 Participant Trustee Election.  FPIF Initial Slate of Candidates 2024 Participant Trustee Election Matthew Kink (Springfield Firefighters’ Pension Fund) Members of the public may review candidate nominating petitions, and eligible individuals can challenge the validity of the petition validation ... Participant Trustee Initial Slate of Candidates

Executive Trustee Election Final Slate of Candidates

The FPIF Election Panel met on August 16, 2024, to approve the final Slate of Candidates for the 2024 Executive Trustee Election. Voters will elect two Executive Trustees to serve four-year terms on December 2, 2024.   FPIF Final Slate of Candidates 2024 Executive Trustee Election Karl Langhammer (Treasurer, Carol Stream Fire Protection District) David Pileski (Mayor, Village ... Executive Trustee Election Final Slate of Candidates

FPIF Is a Fiduciary: Why That Matters

As fiduciaries, the board of the Firefighters’ Pension Investment Fund (FPIF) is dedicated to prudently investing and managing the assets of Illinois firefighter pension funds. A nine-member Board of Trustees made up of four active firefighters, one retired firefighter and four employer representatives governs the fund. As fiduciaries, the trustees discharge their duties solely in the interest of the fund participants and beneficiaries.

Investment Returns and Costs

The fund’s goal is to provide above-market returns at below-market costs. FPIF is acutely aware of the need for strong and persistent returns. We also acknowledge the challenging financial and market environments in which we live. Finally, every dollar we pay in costs is one less dollar firefighter pension funds have to pay benefits. The goals of strong returns and lower fees complement one another.

Maximum Clarity and Transparency

The board members of the FPIF are committed to clarity and transparency. While the Board of Trustees has fiduciary stewardship over the portfolio, the assets are pledged to the financial security of pension fund participants. We believe that our participants, as well as taxpayers, have a right to see the actions taken by FPIF.

More About Us