News

  • March 23, 2021

    Selection of Custodian and Transition Management Bench

    FPIF Custodian The Board of Trustees selected Northern Trust to serve as the FPIF custodian at its meeting on March 19, 2021. Northern Trust is headquartered in Chicago, IL. Northern Trust will provide traditional custodial banking services to FPIF and perform key transition services related to the transfer of investment… READ MORE

  • March 19, 2021

    Appointment of Authorized Agent Rule Adopted

    Rule 2021-01 Appointment of Authorized Agent The FPIF Board of Trustees met on March 19, 2021 and approved RULE 2021-01 Appointment of Authorized Agent. The rule creates two Authorized Agents for each pension fund for the purposes of communications with FPIF and to facilitate information sharing between each pension fund’s vendors and FPIF and its… READ MORE

  • March 19, 2021

    Transition Plan Adopted

    The FPIF Board of Trustees met on March 19, 2021 and approved the FPIF Asset Transition Plan. Adoption of this plan is a critical step in moving forward towards meeting the FPIF’s statutory duty of consolidating the investment assets of all Article 4 pension funds. The FPIF Asset Transition Plan… READ MORE

  • January 28, 2021

    FPIF Rule Making Update

    The FPIF Board of Trustees will be considering rules to govern the asset transition process and other responsibilities of the FPIF throughout this year. The FPIF encourages public comment on draft rules. Draft rules will be posted on our website on the Pending Rules page. A 1st Public Notice of… READ MORE

  • January 4, 2021

    Permanent Board of Trustees

    The Permanent Board of Trustees was seated at its meeting on January 4, 2021. The Board of Trustees elected Chuck Sullivan to serve as Chairperson of the Board of Trustees. Brad Cole was elected to serve as Vice Chairman. Matthew Kink was elected as the Board Secretary, and Jeff Rowitz… READ MORE