Police Officers' Pension Investment Fund
Board and Commission Details
Function
The Police Officers' Pension Investment Fund is created with authority to manage the reserves, funds, assets, securities, properties, and moneys of the police pension funds created pursuant to Article 3 of this Code, all as provided in this Article.
Term
The trustee appointed pursuant to item (4) of subsection (b) of Section 22B-115 shall serve for a term of 2 years commencing on the first business day of the first month after the election of the elected trustees.
Senate Confirmation
Yes
Compensation
Expenses
Composition
The permanent board of trustees shall consist of 9 members as follows: (1) Three members who are mayors, presidents, chief executive officers, chief financial officers, or other officers, executives, or department heads of municipalities that have participating pension funds and are elected by the mayors and presidents of municipalities that have participating pension funds. (2) Three members who are participants of participating pension funds and are elected by the participants of participating pension funds. (3) Two members who are beneficiaries of participating pension funds and are elected by the beneficiaries of participating pension funds. (4) One member recommended by the Illinois Municipal League who shall be appointed by the Governor with the advice and consent of the Senate.
Chair
The permanent board of trustees shall select the chairperson of the permanent board of trustees from among the trustees for a term of 2 years.
Authority
40 ILCS 5/22B-115
Member Names
| Name | Member Expiration | Member Since | Affiliation | Appointed By | Position | Title | County |
|---|---|---|---|---|---|---|---|
| Inman, Michael | Statute | Member | Rep. of a municiaplity recommended by the Illinois Municipal League | ||||
| Holleb, Elizabeth | Statute | Member | Rep. of a municiaplity recommended by the Illinois Municipal League | ||||
| Suess, Phil | Statute | Member | Rep. of a municiaplity recommended by the Illinois Municipal League | ||||
| Curry, Shawn | Statute | Member | Rep. of participants who is a participant | ||||
| Catavu, Lee | Statute | Member | Rep. of participants who is a participant | ||||
| Poulos, Marc | Statute | Member | Rep. of beneficiaries who is a beneficiary | ||||
| Hopkins, Daniel | Statute | Member | Rep. of beneficiaries who is a beneficiary | ||||
| Swanlund, Paul | Statute | Member | Rep. of participants who is a participant | ||||
| Cole, Brad | 12/31/2024 | 11/18/2020 | Governor | Member | Illinois Municipal League |