Dana Bilyeu has been named executive director of the National Association of State Retirement Administrators, Washington, effective Sept. 1.
The position has been vacant since Linda Savitsky resigned Jan. 15.
Ms. Bilyeu has been executive director of the $24.4 billion Nevada Public Employees' Retirement System, Carson City, since 2003. She also is serving her second term on the Federal Retirement Thrift Investment Board in Washington.
Ms. Bilyeu has served on NASRA’s executive committee since 2008, and was in line to become president before being chosen as executive director.
“I am ecstatic to be able to take over this role because it is a tremendous opportunity to educate people about the sustainability of pension plans, and to talk about retirement security in a broader sense,” Ms. Bilyeu said in an interview.
Pat Robertson, NASRA president and executive director of the $21 billion Mississippi Public Employees' Retirement System, said in a statement that the organization “is extremely fortunate to be bringing on a nationally recognized thought leader” as public retirement systems go through a period of change.
Ms. Bilyeu said board members of the Nevada fund will discuss a replacement at their August meeting.
NASRA is a non-profit organization representing directors of the largest public retirement systems with nearly $3 trillion in assets.