| Title: | Teachers' Retirement System Board of Trustees |
| Website: | Teachers' Retirement System Board of Trustees |
| Contact Name: | Stan Rupnik |
| Contact Title: | Executive Director and Chief Investment Officer |
| Contact E-Mail: | executive_director@trsil.org |
| Function: | The Board administers Teachers’ Retirement System that provides retirement annuities and other benefits for teachers and beneficiaries. |
| Term: | 4 years |
| Senate Confirmation: | Yes |
| Party Affiliation: | N/A |
| Qualifications: | Residents and taxpayers in territory covered by system who are interested in public school welfare and experienced and competent in financial and business management – can be resident of Cook County,
but not the City of Chicago |
| Compensation: | Expenses |
| Composition: | 15 trustees:
- 7 trustees appointed by the Governor, who are not members of the system, who shall not hold an elected state office;
- 5 trustees who are active participants, who are teachers, elected by active participants who are teachers; and
- 2 annuitant trustees elected by annuitants;
- Superintendent of Education.
|
| Chair: | Appointed by the Governor from among the trustees |
| Authority: | 40 ILCS 5/16‑163 |