Illinois Public Pension Fund Association

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Become a Member of the IPPFA

Thank you for your interest in the Illinois Public Pension Fund Association, dba IPPFA. The IPPFA 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.

There are currently over six hundred 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.

The IPPFA services member needs in the following ways:

•	by holding educational seminars and two Annual Training Conferences
•	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 on behalf of its members
•	by creating networking opportunities
•	by sponsoring prepaid medical retirement plans and an optional defined contribution plan (the IPPFA VEBA plans, and the IPPFA 457 plan)
•	publishes a monthly newsletter
•	maintains an active website (www.ippfa.org)
•	keep members inform via emails of breaking news
•	in conjunction with Northern Illinois University has offered the Certified Pension Trustee School since 1999
•	maintains active memberships and reciprocal agreements with state and national organizations that have similar goals and objectives (click here)

Feel free to contact our office if you have questions or if you would like to have a representative attend the next board meeting of your police or fire pension fund. If your police or fire pension fund is interested in becoming a member, please download and complete the IPPFA Application Form.