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Title:Investment, Illinois State Board of
Contact Name:Johara Farhadieh
Contact Title:Executive Director, Investment, Illinois State Board of
Contact Phone:312.793.5710 or 1483
Function:The Board manages the investments of the State Employees’ Retirement System, General Assembly Retirement System, Judges Retirement System, and the Public Employees Deferred Compensation Plan.
Term:4 years, and until successor is appointed and qualified
Senate Confirmation:Yes
Qualifications:No member of the board shall have any interest in any brokerage fee, commission or other profit or gain arising out of any investment made by the board. This paragraph does not preclude ownership by any member of any minority interest in any common stock or any corporate obligation in which investment is made by the board.
Composition:9 trustees as follows: - 5 trustees appointed by the Governor - the State Treasurer - the State Comptroller - Chairman of the JRS - Chairman of the GAR
Chair:Elected by the Board biennially
Authority:40 ILCS 5/22A-109

 Member Names

Name (Last, First)Term ExpiresMember SinceAffiliationAppointed ByPositionTitleCounty
Attlan, Gisela5/31/20213/29/2019GovernorMemberCook
Frerichs, MikeTreasurerMemberIllinois State TreasurerChampaign
Mendoza, SusanaComptrollerMemberIllinois State ComptrollerLake
Powell, Ronald6/2/20203/29/2019GovernorMemberLake
Sanders, Elizabeth6/1/20239/9/2019GovernorMemberLake
Seminara-Schostok, Justice MaryChair, Judges Retirement System Board of TrusteesChairNone
Tarnoff, Michael5/31/20213/29/2019GovernorMemberLake
VACANTChair, General Assembly Retirement System Board of TrusteesState Senator
Williams, Jaye7/13/20223/29/2019GovernorMemberCook