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Executive director of massive Illinois teachers pension fund resigns after investigation into ‘performance issues’ Source: Chicago Tribune
The executive director of the massive Teachers’ Retirement System resigned earlier this week after being placed on administrative leave days earlier following an internal investigation into “performance issues.”
The Teachers’ Retirement System board voted unanimously last Friday to place Richard Ingram on administrative leave “due to performance issues covered by his employment contract,” the board said in a statement issued Thursday.
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The IPPFA was founded in 1985 as a not-for-profit organization whose mandate was to educate public pension fund trustees. In 2009 the IPPFA became the primary education provider for public pension fund trustees in the state of Illinois. Our members manage over eighteen billion dollars in pension assets.
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