News

  • April 21, 2022

    2022 Trustee Election Schedule

    The FPIF Elections Committee met on April 19, 2022 and approved the 2022 Trustee Election Schedule. The schedule can be found under the Policies and Publications heading on the FPIF website (link). Voters will elect a Participant Trustee, a Beneficiary Trustee and an Executive Trustee in 2022. Candidate applications will be… READ MORE

  • March 30, 2022

    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 under the Policies and Publications heading on the FPIF website (link). Four amendments to the Consolidated Rules have been posted for 1st Public… READ MORE

  • February 25, 2022

    Trustee Election Rules Adopted

    The FPIF Board of Trustees met today and approved the FPIF Trustee Election Rules (link). 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… READ MORE

  • January 6, 2022

    January 4th 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… READ MORE

  • December 14, 2021

    Cost Savings

    A critical policy objective of FPIF is to reduce the cost of investing Article 4 assets.  FPIF now has the data to show that those goals are being met. In the October tranche, FPIF received $874 million in mutual fund assets and the fees on those assets ranged from 2… READ MORE