News

January 4th Transfer of Assets

January 6, 2022

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 investment assets from 231 firefighter pension funds.

FPIF would like to thank the Boards of Trustees of the 74 firefighter pension funds transitioning their investment assets on January 4th. Your assistance helped ensure an efficient and successful transition.