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The Illinois State Board of Investment was created in 1969. The State Treasurer, the chairman of the Illinois Public Employees' Pension Laws Commission, and the chairmen of the retirement systems for which the board administered investments served as ex officio members and four members were appointed by the Governor. Responsibilities included managing, investing, and reinvesting the assets of the pension funds under its authority (P.A. 76-1829, pp. 4036-4051). Those funds included the General Assembly Retirement System, Policemen's Pension Fund, Firemen's Pension Fund, Policemen's Annuity and Benefit Fund, Firemen's Annuity and Benefit Fund, Illinois Municipal Retirement Fund, Municipal Employee's Officers' and Officials' Annuity and Benefit Fund, County Employees' and Officers' Annuity and Benefit Fund, Forest Preserve District Employees' Annuity and Benefit Fund, Laborers' and Retirement Board Employees' Annuity and Benefit Fund, Park Employees' and Retirement Board Employees' Annuity and Benefit Fund, Sanitary District Employees' and Trustees' Annuity and Benefit Fund, State Employees' Retirement System of Illinois, State Universities Retirement System, Teachers' Retirement System of the State of Illinois, Public School Teachers' Pension and Retirement Fund, and the Judges Retirement System of Illinois (P.A. 77-611, p. 1249).
See also ILLINOIS PUBLIC EMPLOYEES PENSION LAWS COMMISSION, RG 569.000.
307.001
MINUTES. 1972-1975. 1 cu. ft. No index.
Minutes include discussions of equity strategy, broker appraisal, funds allocation, investment policy, the ethical code, auditing policy, bond management, state retirement funds, legislation, and administrative matters. Also included are annual audit reports; statistics on the investment climate, equity fund status, and business and industry outlooks; retirement surveys; and amendments to rules and regulations.
307.002
ADMINISTRATIVE FILES. 1970-1973. 0.25 cu. ft. No index.
Files include minutes of the executive committee, a statement of transfer of investment securities and assets to the State Employees' Retirement System, a summary of investment policy amendments, legal opinions of the Attorney General, board minutes, annual reports for 1971 and 1972, and related memoranda and correspondence.
These records are available at the Illinois State Archives, Office of the Secretary of State.
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