Teachers Retirement System of the State of Illinois
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Illinois Teachers alters fixed-income subasset classes in move to simplify
trueThe $45.3 billion Teachers' Retirement System of the State of Illinois continues to slide its global fixed-income portfolio ever closer to the cutting edge of bond management.
Illinois Teachers' funded status up modestly from strong returns
trueThe funded status of Illinois Teachers' Retirement System improved modestly to 44.2% as of June 30, compared with 42.5% a year earlier, thanks to good fiscal year investment returns.
Illinois Teachers trustees approve $1 billion in asset moves
trueIllinois Teachers' Retirement System took action on assets totaling just more than $1 billion at its board meeting Thursday.
Illinois Teachers' Retirement System, Springfield, will not terminate...
trueIllinois Teachers' Retirement System will not terminate any of the nine strategies managed for it by PIMCO, but likely will keep the company on its watchlist.
Illinois Teachers maps out 2015 real estate, hedge fund deployments
trueIllinois Teachers' Retirement System plans to deploy a total of at least $1 billion with real estate and hedge fund managers in the fiscal year ending June 30, 2015.
Illinois Teachers launches real estate consultant search
trueIllinois Teachers' Retirement System is searching for a specialist consultant for its $5.6 billion real estate portfolio.
Pension funds to benefit in Citigroup $7 billion settlement
trueState pension funds in California and Illinois are among the recipients of Citigroup Inc.'s $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the financial crisis.
Illinois Supreme Court ruling could be omen for pension reform lawsuit
trueThe Illinois Supreme Court ruled Thursday that the state cannot diminish or impair health insurance premium subsidies for retired state employees.
Illinois Teachers approves real estate consultant search, $1.2 billion in investments
trueIllinois Teachers’ Retirement System, Springfield, approved a search for a real estate consultant, part of regular rebidding of the five-year contract now held by Callan Associates.
Illinois Teachers increases allocation to emerging managers
trueIllinois Teachers’ Retirement System, Springfield, increased its dedicated allocation to emerging money managers to $750 million.
Illinois governor outlines pension contribution increases in budget address
trueIllinois' five state retirement systems would receive more than $6 billion in state contributions combined in the next fiscal year, beginning July 1, up 4.3% from the current fiscal year, according to a budget proposal released Wednesday by Gov. Pat Quinn.
Illinois Teachers makes nearly $1.5 billion in commitments
trueIllinois Teachers' Retirement System, Springfield, committed $1 billion total to five managers and allocated an additional $450 million total to four existing managers.
Illinois auditor general: 3 plans should lower investment return assumptions
trueCheiron, the Illinois auditor general's appointed state actuary, recommended that the state's three major retirement systems lower their actuarial investment rate of return assumptions used to value their pension obligations for June 30, 2014, valuations and to determine contribution rates, ...
Illinois Teachers doubles Grosvenor account, makes other changes
trueIllinois Teachers' Retirement System, Springfield, has more than doubled the hedge fund-of-funds assets managed by Grosvenor Capital Management to $998 million and terminated K2 Advisors.
Illinois Teachers studying strategic partnerships with 3 firms
trueIllinois Teachers' Retirement System is researching strategic partnerships and might present hiring recommendations to the board of the $40.8 billion pension fund at its next meeting, Feb. 19-21.