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May 26, 2023 Board of Trustees Meeting Highlights
The FPIF Board of Trustees met on May 26, 2023. Highlights of the board meeting included the selection of a private markets consultant and the approval of the fiscal year 2024 budget. Private Markets Consultant Meketa Investment Group was selected to serve as a private markets consultant to assist FPIF with its long-term target allocation of 31% to private market ... May 26, 2023 Board of Trustees Meeting Highlights
FPIF Statement on the Appellate Court Opinion
The Second District of the Illinois Appellate Court affirmed Kane County Circuit Court Judge Robert Villa’s ruling on the constitutionality of Public Act 101-0610, which created the Firefighters’ Pension Investment Fund (FPIF) and the Police Officers’ Pension Investment Fund. We appreciate the appellate court’s attention to the case. FPIF closed the Transition Period on ... FPIF Statement on the Appellate Court Opinion
January 6, 2023 Board of Trustees Meeting
The FPIF Board of Trustees held an organizational meeting on January 6, 2023. The board elected the following trustees as officers: Trustee Brad Cole was elected Chairperson. Trustee Chuck Sullivan was elected Vice Chairperson. Trustee Matthew Kink was elected Board Secretary. Trustee Greg Knoll was elected Treasurer. The board also appointed its committees. Committee schedules will be published ... January 6, 2023 Board of Trustees Meeting
Report on the Transition & Annual Comprehensive Financial Report
The FPIF Board of Trustees met on December 16, 2022 and received a Report on the Statutory Transition Period. The report summarizes the history of FPIF from the effective date of Public Act 101-610 through the close of the transition period. The Board of Trustees also accepted its statutorily required Audit of the Transition of Investment Assets and ... Report on the Transition & Annual Comprehensive Financial Report
2022 Trustee Election Results
The FPIF Board of Trustees met on December 16, 2022 and read the election results of the 2022 Trustee Election into its minutes. The election results were as follows: Beneficiary Trustee Gregory Knoll (Retired Firefighter, Homewood) (certified winner) Executive Trustee 112….Douglas Krieger (City Manager, Naperville) (certified winner) 64……John Perry (Treasurer, Lisle Woodridge FPD) ... 2022 Trustee Election Results
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