| Title: | Investment, Illinois State Board of |
| Website: | Illinois State Board of Investment |
| Contact Name: | Johara Farhadieh |
| Contact Title: | Executive Director |
| Contact Phone: | 312.793.5718 |
| Contact E-Mail: | jfarhadieh@isbinvestment.com |
| Contact Comments: | |
| 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. |
| Compensation: | Expenses |
| 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 |