Board of Trustees Standing Committees

Claims and Service Credits Committee

Committee Chairperson: Lois Nelson

Members: Vicki Kurzydlo, Emma Lozano, Maria J. Rodriguez, Jack Silver

The Claims and Service Credit Committee is a standing committee of five Trustees. The Committee recommends action by the Board on a periodic basis on matters pertaining to benefits, including disability and refunds, as well as return to work and disability appeals.

Election Committee

Committee Chairperson: Pedro Beiza

Members: Erika Meza, Jack Silver, Jacquelyn Price Ward, Quentin S. Washington

The Election Committee is a standing committee of five Trustees. The Committee recommends action by the Board on a periodic basis on matters pertaining to elections as set forth in the Election of Members to the Board of Trustees Policy.

Finance and Audit Committee

Committee Chairperson: Pedro Beiza

Members: Vicki Kurzydlo, Erika Meza, Jacquelyn Price Ward, Quentin S. Washington

The Finance and Audit Committee is a standing committee of five Trustees, responsible for:

Recommending the appointment and retention of, and for the oversight of, any independent accountants engaged for the purpose of preparing or issuing an independent audit report or performing other independent audit or review services;
Implementing internal controls, and for the oversight of such controls, including oversight of the Internal Audit Director;
Reviewing the Fund’s annual budget; and
Recommending the retention of the services of financial experts and specialists as necessary to fulfill the Committee’s responsibilities.

Notwithstanding any other Fund Policy or Rule, the Committee shall have the authority:

To grant or deny, in whole or in part, all Employer requests for waivers of late fees;
To authorize a payroll audit of an Employer;
To resolve any disputed payroll audit findings;
To enter into a settlement agreement with a delinquent Employer; and
To authorize a lawsuit to collect any delinquent contributions or late fees owed by an Employer.

Health Insurance Committee

Committee Chairperson: Lois Nelson

Members: Ed Bannon, Maria J. Rodriguez, Jack Silver, Tammie F. Vinson

The Health Insurance Committee is a standing committee of five Trustees. The Committee recommends action by the Board on a periodic basis on matters pertaining to health insurance.

Investment Committee

Committee Chairperson: Jacquelyn Price Ward

The Investment Committee is a committee of the whole and includes all 12 CTPF Trustees. The Committee shall:

Review and evaluate the Board’s investment policies and guidelines;
Review and evaluate the reports of and performance by the Investment Managers and Consultants;
Conduct investment manager due diligence reviews;
Direct the First Look investment manager program;
Ensure compliance with Article 1 of the Illinois Pension Code; and
Perform such other duties as may be required to monitor and invest the Fund’s assets.

The Investment Committee will periodically conduct due diligence meetings for investment managers and review investment managers on a watch list.

Pension Laws and Administrative Rules Committee

Committee Chairperson: Quentin S. Washington

Members: Ed Bannon, Lois Nelson, Maria J. Rodriguez, Tammie F. Vinson

The Committee on Pension Laws and Administrative Rules is a standing committee with five Trustees. The Committee develops legislative proposals and makes recommendations to the Board regarding legislative action. The Committee may also review the current and proposed Administrative Rules and Fund policies and recommend changes to the Board of Trustees.

Technology Committee

Committee Chairperson: Tammie F. Vinson,

Members: Pedro Beiza, Vicki Kurzydlo, Emma Lozano, Erika Meza

The Technology Committee is a standing committee with five Trustees. The Committee recommends action by the Board on a periodic basis on matters pertaining to technology.