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Stay Up to Date with FPIF
New FPIF Website Launched
FPIF is pleased to announce the launch of its new website at www.ifpif.org. New information related to the FPIF Board of Trustees, its mission and FPIF operations has been added to the site. Our participating pension funds can now find helpful information pertaining to authorized agents, account representatives, forms and actuarial statements under the Member Resources ... New FPIF Website Launched
Trustee Election Update
Ballots for the 2022 FPIF Trustee Election were mailed to eligible voters on October 26, 2022. Voters will elect a Participant Trustee and an Executive Trustee this fall. Voters should follow the instructions attached to their ballot. Returned ballots must be received by the December 1, 2022 Election Date. If you believe you are an ... Trustee Election Update
2022 Trustee Election Final Slate of Candidates
The FPIF Election Panel met on October 6, 2022 to approve the final Slate of Candidates for the Trustee Election. FPIF Final Slate of Candidates 2022 Trustee Election Participant Trustee Steven Burnell (Active-Duty Firefighter, Lincolnshire-Riverwoods FPD) Jason Skilondz (Active-Duty Firefighter, Wheaton) Beneficiary Trustee Gregory Knoll (Retired Firefighter, Homewood) Executive Trustee Douglas Krieger (City Manager, Naperville) John Perry (Treasurer, Lisle Woodridge ... 2022 Trustee Election Final Slate of Candidates
Trustee Gregory Knoll
The FPIF Board of Trustees and its staff congratulates Trustee Gregory Knoll on his re-election to the FPIF Board of Trustees. Trustee Knoll qualified for the ballot without opposition, and the Election Panel deemed him elected to the Beneficiary Trustee Position at its meeting on October 6, 2022. He will begin his four-year term on January 3, 2023. ... Trustee Gregory Knoll
2022 Trustee Election Initial Slate of Candidates
The FPIF Election Panel met on September 20, 2022 to approve the initial Slate of Candidates for the Trustee Election. FPIF Initial Slate of Candidates 2022 Trustee Election Participant Trustee Steven Burnell (Active-Duty Firefighter, Lincolnshire-Riverwoods FPD) Jason Skilondz (Active-Duty Firefighter, Wheaton) Beneficiary Trustee Gregory Knoll (Retired Firefighter, Homewood) Executive Trustee Douglas Krieger (City Manager, Naperville) John Perry (Treasurer, ... 2022 Trustee Election Initial Slate of Candidates
Conclusion of the Transition Period
The statutory Transition Period ended on June 30, 2022. The conclusion of the Transition Period did not have an effect on the tranche of assets scheduled to transfer July 14, 2022. FPIF has now transitioned 289 of the 296 Article 4 pension funds, or 98% of Article 4 pension funds. Beginning July 15, 2022, FPIF will accept ... Conclusion of the Transition Period
FPIF Rulemaking & Trustee Election Update
The FPIF Board of Trustees adopted five amendments to its consolidated rules at its meeting on June 17, 2022. The adopted amendments can be found on the Pending Rules page. The FPIF Consolidated Rules can be found in the Policies and Publications page. Amendment to Chapter 10: Investment Policy The amendment makes changes to FPIF’s ... FPIF Rulemaking & Trustee Election Update
FPIF Statement on Kane County Litigation
The Kane County Circuit Court affirmed the constitutionality of Public Act 101-0610, which created the Firefighters’ Pension Investment Fund (FPIF) and the Police Officers’ Pension Investment Fund and directed the consolidation of downstate and suburban firefighter and police retirement investment assets. We appreciate Judge Robert Villa’s attention to the case. FPIF will continue to implement ... FPIF Statement on Kane County Litigation
2022 Trustee Election Schedule
The FPIF Elections Committee met on April 21, 2022 and approved the 2022 Trustee Election Schedule. The schedule can be found in the Policies and Publications heading on the FPIF website. Voters will elect a Participant Trustee, a Beneficiary Trustee and an Executive Trustee in 2022. Candidate applications will be made available on the FPIF ... 2022 Trustee Election Schedule
FPIF Rule Making Update
The FPIF Board of Trustees consolidated its rules and policies into a single document at its meeting on February 25, 2022. The Consolidated Rules can be found in the Publications section. Four amendments to the Consolidated Rules have been posted for 1st Public Notice on the Pending Rules page. The amendments will be considered for ... FPIF Rule Making Update
Trustee Election Rules Adopted
The FPIF Board of Trustees met today and approved the FPIF Trustee Election Rules. The Trustee Election Rules will govern the 2022 FPIF Trustee Election and all subsequent trustee elections. Voters will elect a Participant Trustee, a Beneficiary Trustee and an Executive Trustee on December 1, 2022. The FPIF Elections Committee will be meeting this spring to ... Trustee Election Rules Adopted
January Transfer of Assets
On January 4, 2022, the Firefighters’ Pension Investment Fund (“FPIF”) initiated the transfer of investment assets from 74 firefighter pension funds through its custodian, Northern Trust. Northern Trust will transition approximately $4.1 billion in investment assets in January, and FPIF is pleased to announce that the transition is being executed according to plan. To date, FPIF has successfully transferred $7 billion in ... January Transfer of Assets