08/20/2024 | Press release | Distributed by Public on 08/20/2024 08:27
For Immediate Release
Contact: Director of Public Relations Janelle Gurnsey
SPRINGFIELD, IL - Kevin Blackburn, Michael Goetz and David Miller will continue to serve as members of the Teachers' Retirement System Board of Trustees after being reappointed for an additional four-year term by Governor JB Pritzker.
David Miller served the 29th district in the Illinois House of Representatives, where he was recognized for his work in a variety of areas including the Legislative Rule Making Committee and around higher education accessibility. Dr. Miller has served and will continue to serve as Chairperson of the TRS Investment Committee.
Kevin Blackburn is currently serving in his third term as Will County Auditor. He has served on several boards including the Illinois Local Government Advisory Board and the Illinois State Treasurer Audit Transition Committee. Mr. Blackburn is the Chairperson of the TRS Audit Committee.
Michael Goetz retired from the Laborers Home Development as Executive Director in 2019. He has served on several boards including the Illinois State Board of Investment and was the Vice Chair of the Illinois Finance Authority.
In other action during its regularly scheduled August meeting, the Board of Trustees approved the following investment actions:
Within the System's $12.3 billion Private Equity Portfolio:
Within the $19.5 billion Global Income Portfolio:
Within the $1.7 billion Diversifying Strategies Portfolio:
The Teachers' Retirement System of the State of Illinois is the 38th largest pension system in the United States, and provides retirement, disability and survivor benefits to teachers, administrators and other public-school personnel employed outside of Chicago. The System serves over 448,000 members and had assets of $72.21 billion as of July 31, 2024.