Illinois Police Officers' Pension Investment Fund is searching for an interim executive director.
The pension fund, which was created in December by legislation signed by Illinois Gov. J.B. Pritzker, is seeking an interim executive director who will act under the supervision of the transition board of trustees and provide leadership for staff in "implementing the programs necessary to achieve the mission, goals and objectives established by the board."
The law signed in December consolidated 649 downstate and suburban police and fire pension plans into the Police Officers' Pension Investment Fund and the Firefighters' Pension Investment Fund, which together consolidate an estimated $15 billion in assets.
According to a fact sheet from the Illinois Municipal League, the police officers' fund will manage an estimated $8.7 billion of those assets. The transfer of individual assets into the new fund is set to occur no later than June 30, 2022.
The job listing is available in a Dropbox link provided by the Illinois Public Pension Fund Association. The deadline for submissions is April 3 and interviews with applicants by the transition board of trustees is tentatively scheduled for May 1.
Shawn Curry, chairman of the transition board of trustees, could not be immediately reached for further information.