Two Evanstonians — William Stafford and Natalie Copper — have been named to leadership positions on the board of the Illinois Municipal Retirement Fund.
Stafford, an executive trustee of the fund since 2009, was named president, and Cooper, an employee trustee since 2010, was named vice president.
As the second largest public pension fund in Illinois, IMRF administers a plan of retirement, disability and death benefits for 3,000 municipal employers — including park districts, villages and school districts (for non-teaching personnel) — and covers approximately 175,000 active members and 100,000 retirees.
At the end of 2012, IMRF had nearly $28 billion in assets and was 85.2 percent funded on a preliminary and unaudited market basis. The plan does not receive any state funding.
Members of IMRF’s independent eight-member board of trustees serve without compensation in five-year staggered terms. The board includes four executive trustees elected by participating units of government, three employee trustees elected by participating IMRF members and one annuitant trustee elected by IMRF retirees.
As a chief financial officer of Evanston Township High School District 202, Stafford oversees its finances, safety, operations, maintenance, food service, information systems, budget and capital improvements. He has also served on numerous local police and fire pension boards.
“Bill has made significant contributions to our board over the past few years,” said IMRF Executive Director Louis W. Kosiba. “His leadership and financial experience will serve us well as we continue to focus on locally funded, financially sound management to provide a sustainable retirement income for public workers who serve local units of government.”