Illinois teachers pension executive director out after ‘performance issues’ – Pensions & Investment

Richard Ingram, executive director of the $51.2 billion Illinois Teachers’ Retirement System, Springfield, resigned Thursday, effective immediately. On July 31, the board of trustees unanimously voted to place Mr. Ingram on administrative leave “due to performance issues covered by his employment contract,” a news release from the system said.

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Daskoterzar
3 years ago

Amazing, so much public money ($50B) funneled into a retirement system and the executive director is fired…no reason provided. Ridiculous.

Mike
3 years ago

No performance issues with an Illinois General Assembly and Governor not balancing a budget for two decades.

Governor of Alderaan
3 years ago

Fired for not achieving the 435% weekly return needed to pay the immoral pensions

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