Incumbent Executive Trustee David Miller retains his seat on the Board of Trustees for the Illinois Municipal Retirement Fund, the second-largest public pension system in Illinois.
Miller, a resident of Chicago, ran in IMRF’s 2016 Executive Trustee election, and the Board certified him the winner at its December 16 meeting. Miller’s new term will run from Jan. 1, 2017 through December 31, 2021. Miller first joined the Board in 2015 and is eager to continue serving public employees across Illinois.
“My primary objective as Trustee has been, and will continue to be, to protect the significant investments made in IMRF by local governments, participants, and taxpayers by ensuring that those investments are not compromised during negotiations in Springfield to address the failure of the State’s pension systems after many years of mismanagement and funding abuse,” Miller said.
Miller serves as the deputy executive director for the North Shore Water Reclamation District, the second-largest wastewater treatment operation in the state. He’s been with the district since 1995, moving up the ranks within the organization. With degrees in finance and risk management from the University of Wisconsin, Miller lends his expertise to the Board on various fundamental and fiduciary issues.
“IMRF is a pension program that works, with both employers and employees honoring their respective funding obligations. As a result, IMRF is almost 90% funded while the State’s plans are broken and only 40% funded,” Miller said.
As he begins his second term as an Executive Trustee, Miller says he’s proud to serve with other board members, to protect the interests and investments of local governments and their employees.
