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Thank you for your interest in the Illinois Public Pension Fund Association, dba IPPFA. The IPPFA (Illinois Public Pension Fund Association) was founded in 1985 as a not-for-profit umbrella association representing police and fire defined benefit retirement funds in the State of Illinois. Founded by a small group of elected fund trustees who were bewildered by their new responsibilities, but who were intrigued by the possibilities they saw around them, the original goals of the Association were educating pension fund trustees, providing legal advice and representation for pension funds and proposing and supporting legislation beneficial to Illinois Pension Funds. Today those goals remain unchanged. In 2001, the IPPFA Board of Directors introduced proprietary 457 and VEBA plans to further insure the retirement security of public safety personnel.

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The IPPFA services member needs by holding educational seminars and an Annual Training Conference, by producing trustee and investment handbooks, by making referrals for professional services as required (e.g. physicians, attorneys, accountants, actuaries, money managers, financial advisors), by sponsoring legislation, by creating networking opportunities, and by sponsoring prepaid medical retirement plans and an optional defined contribution plan (the IPPFA VEBA plans, the IPPFA 457 plan and the new IPPFA Dental plan). The Association publishes a monthly e-newsletter, maintains an active website (www.ippfa.org), and in conjunction with Northern Illinois University has offered the Certified Pension Trustee School since 1999. IPPFA maintains active memberships and reciprocal agreements with state and national organizations that have similar goals and objectives (visit www.ippfa.org for additional links).

Sincerely,

James M. McNamee

There are currently over 655 police and fire pension funds in Illinois.

The Board of Trustees of each fund makes the investment decisions, manages the fund, and authorizes disability and retirement pensions in accordance with Illinois Statutes. In the aggregate, these funds manage over ten billion dollars.