News

Registration is Now Open for the 2020 MidAmerican Pension Conference
Source: IPPFA

This year’s MidAmerican Pension Conference will be held from September 30th through October 2, 2020
at the:
Embassy Suites Hotel
1823 Abriter Ct.
Naperville, IL 60563

Register Today

 

For this year’s MidAmerican Pension Conference, we will be offering you the option to attend in-person or virtually.

Please be aware that in order for us to stay in accordance with social distancing guidelines, in-person attendance will be limited and will be on a first come, first serve basis.

This conference will include all 8-hours of continuing education training for annual renewal, as well as 4-hours of required consolidation transition training. This specialized consolidation training will be offered on the last day of the conference, October 2nd. The mandatory, 4-hour consolidation transition training will be brought to you with the cooperation of the Brookfield Fire Pension Fund and Northern Illinois University.

We will also be offering 8-hours of Public Safety Benefits training, including topics such as: Social Security Survivor’s Benefits, GPO, WEP, Medicare, Benefits Overview, Taxation of Benefits, Illinois Insurance Continuation Privilege, PEDA, PSEBA, Supplemental Retirement Benefits, and IMRF.

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A Meeting of the Illinois Police Officers’ Pension Investment Fund – July 10, 2020
Source: POPIF

NOTICE: A MEETING OF THE ILLINOIS POLICE OFFICERS’ PENSION INVESTMENT FUND – Election Committee

To be held on Wednesday, July 10, 2020 at 9:00am.

You can view the agenda by clicking IPOPIF Meeting Agenda

Zoom Digital Platform

ZOOM Invite: Public invited through telephone, see agenda for details.

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Fed aid helps Illinois cut unpaid bills to lowest in five years
Source: Crain’s Chicago Business

(Bloomberg)—Illinois, the first U.S. state to tap into Federal Reserve aid for pandemic-battered governments, has reduced its unpaid bills to the lowest level since 2015.

The backlog shrank to $4.8 billion on June 12, down from $6.9 billion at the start of the month, according to data from Illinois Comptroller Susana Mendoza’s office. The number, which stood at about $5.5 billion on Wednesday, had swelled to more than $8 billion in April after shelter-in-place policies were enacted.

Full Article

 

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A Meeting of the Illinois Police Officers’ Pension Investment Fund – July 7, 2020
Source: POPIF

NOTICE: A MEETING OF THE ILLINOIS POLICE OFFICERS’ PENSION INVESTMENT FUND – Election Committee

To be held on Wednesday, July 7, 2020 at 3:00pm.

You can view the agenda by clicking IPOPIF Election Committee Agenda

Zoom Digital Platform

ZOOM Invite: Public invited through telephone, see agenda for details.

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“How Exposed Are Retirement Savings to Market Risk?”
Source: Center for Retirement Research

The brief’s key findings are:

  • When COVID-19 emerged earlier this year, the stock market fell by 35 percent in one month. While the market has largely recovered since, it remains very volatile.
  • Market shocks are a growing concern to the more than half of U.S. households who now own equities, mainly due to the shift from traditional pensions to 401(k) plans.
  • For most households, 401(k)/IRA assets are their largest financial asset – other than Social Security – which puts them at risk from market downturns.
  • The time may have come to consider some type of risk sharing for employer plans so that individuals do not shoulder the full burden.

 

Full Article

 

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INTRODUCING: IPPFA Individual Associate Membership
Source: IPPFA

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A Meeting of the Illinois Police Officers’ Pension Investment Fund – June 26, 2020
Source: POPIF

NOTICE: A MEETING OF THE ILLINOIS POLICE OFFICERS’ PENSION INVESTMENT FUND – Election Committee

To be held on Wednesday, June 26, 2020 at 1:00pm.

You can view the agenda by clicking Here

Zoom Digital Platform

ZOOM Invite: Public invited through telephone, see agenda for details.

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A Meeting of the Illinois Police Officers’ Pension Investment Fund – June 19, 2020
Source: POPIF

NOTICE: A MEETING OF THE ILLINOIS POLICE OFFICERS’ PENSION INVESTMENT FUND

To be held on Wednesday, June 19, 2020 at 9:00am.

You can view the agenda by clicking Here

Zoom Digital Platform

ZOOM Invite: Public invited through telephone, see agenda for details.

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Illinois Police Officers’ Pension Investment Fund – Public Notice (June 10, 2020)
Source: IPOPIF

PUBLIC NOTICE: ILLINOIS POLICE OFFICERS’ PENSION INVESTMENT FUND

June 10, 2020

The election committee meeting scheduled for Tuesday, June 9, 2020 on the Zoom digital platform was briefly held until such time as the participating members were informed that no members of the public could join the meeting to listen or participate. Unfortunately, there was an error on the Zoom account used for this meeting, and the meeting was immediately suspended once the error was discovered.

We apologize for the inconvenience, and have re-scheduled the meeting to Monday, June 15, 2020 at 1:00 pm. with proper posting and meeting information provided to ensure members of the public can participate and listen to the meeting. The board did not take any action at the June 9, 2020 meeting. The meeting minutes be reviewed by the Committee and posted after the conclusion of the June 15, 2020 meeting.

Thank you for your understanding.

– Illinois Police Officers’ Pension Investment Fund

To download or print this public notice, please click here.

 

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Now Available: 2020 IPPFA Online 16-hour Certified Trustee Program
Source: IPPFA

 

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