Executive Leadership

Internal Audit Department

Director of Internal Audit

Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control and governance processes.

The CTPF Board of Trustees has established an Internal Audit Charter to assist them in fulfilling their oversight responsibilities for the financial reporting process, the system of internal control, the audit process, and CTPF’s process for monitoring compliance with laws and regulations and the code of conduct.

The Board and its Committees have full, free, and unrestricted access to the Director of Internal Audit regarding all evaluations, assessments, and analysis pertaining to CTPF.

Administrative Services Department

Gail Davis
Gail Davis

The Administrative Services Department is responsible for supporting the work of CTPF across the organization. The Director of Administrative Services also serves as the Election Coordinator for the annual CTPF Trustee Elections. Other key areas of responsibility include:

  • Supporting the Board of Trustees and Executive and Leadership Team
  • Management of the CTPF offices
  • Supporting the Board in coordinating Trustee meetings and preparing supporting materials
  • Recording and transcribing meeting minutes
  • Arranging meeting and conference travel
  • Handling Trustee requests
  • Ensuring Trustee annual regulatory compliance and filings

Benefit Services Department

Picture of Director of Benefit Services Jenn Pentangelo
Jenn Pentangelo

The Benefit Services Department is responsible for the day-to-day operations of all benefits administration to ensure member satisfaction, compliance with statutory law, and issuing benefit payments. Key areas of responsibility include:

  • Health Insurance
  • Member Services
  • Pensions, Disabilities, Death Benefits, and Refunds

Communications Department

Michelle Holleman Headshot
Michelle L. Holleman

The Communications team manages and produces public-facing communications focusing on three major areas of responsibility: print and online publications, media/community relations, and social media/website outreach. Key communications include:

  • Publishing and distributing Pension News to active and retired members three times per year
  • Delivering the annual Economic Impact Statement to state and local legislators
  • Collaborating with the Finance department to create the Annual Comprehensive Financial Report (ACFR)
  • Parsing key information from the ACFR to summarize major activities in the Popular Annual Financial Report (PAFR)
  • Collaborating with the Benefits department to produce an updated Health Insurance Handbook for the Open Enrollment period
  • Digitally distributing Monthly E-News to members and other interested parties
  • Collaborating with the Investment department to illustrate CTPF’s diversity efforts in the Governor’s and Senate Reports

Data Services

Edgar Samayoa, a male-presenting individual with brown hair and a goatee, looks directly at the camera
Edgar Samayoa

The Data Services Department takes a comprehensive approach to member data, ensuring that information is entered, tracked, and properly maintained. The department audits pensions prior to finalization and payment of Refund of contributions to ensure the accuracy of benefits.

Key areas of responsibility include:  

  • Member Records  
  • Compliance 
  • Process Improvement and Analysis 

Enterprise Program Management Department

Richard Anderson
Richard Anderson

The EPMO provides Project Management leadership across the organization, related to the methodology, process, and associated guidelines for the Fund's project portfolio. The EPMO works collaboratively to identify, facilitate, and manage projects within the organization that align with business objectives while minimizing risk, and helping the Fund prepare for the future. Key areas of responsibility include:

  • Management all projects in the Fund’s portfolio, ensuring efficient processes, quality assurance, timely completion, and regulatory compliance.
  • Stewardship of the governing process including management of steering committees and prioritization groups.
  • Oversight of Project 125, a transformational, multi-year project to replace the Fund’s Pension Administration System.

Finance Department

Alise White

The Finance Department is responsible for the annual external and internal reporting of CTPF’s finances. Key areas of responsibility include:

  • Monitoring and reporting of expenditures (including member payments and operating expenses) 
  • Receipting and depositing of all revenues
  • Accounting for all assets and liabilities of CTPF through internal and external reporting 
  • Creating and implementing policies and procedures to maintain the integrity of the internal control of all functions 
  • Demonstrating the accuracy of CTPF financial records and ensure compliance with accounting methods through the annual external audit process 
  • Conducting Employer Audits to ensure accurate contributions are reported on behalf of members. 
  • Verifying that employer contribution data and funding is received, verified and recorded on behalf of members 

Human Resources Department

LaToya Bibbs
LaToya Bibbs

The Human Resources (HR) Department serves as a resource to all staff by providing a safe and confidential place to discuss any employment-related issues or concerns. HR works closely with employees by bringing new hires onboard, providing staff with developmental opportunities, maintaining a confidential environment, working through conflict resolution, and seeking employee engagement opportunities. Key areas of responsibility include:

  • Partnering with all CTPF staff and managers to oversee various aspects of employment
  • Recruiting for various roles and functions
  • Providing staff with a performance management system
  • Processing employee payroll
  • Ensuring workplace legal compliance and safety

Information Technology Department

Chief Technology Officer

The Information Technology (IT) Department is responsible for ensuring the quality, security, and availability of data and information, software, and hardware. The IT Department is responsible for following industry best practices for software development standards, project management, and infrastructure improvements. Key areas of responsibility include:

  • Providing staff support, data management, and information security
  • Developing and maintaining a Business Technology Strategy that supports the strategic plans and business requirements of CTPF
  • Ensuring that adequate computing resources provide for efficient operation
  • Implementing appropriate controls and safeguards to manage data/information
  • Ensuring that appropriate procedures are used for the evaluation and selection of purchased software and contracted vendors

Investment Department

Fernando Vinzons
Fernando Vinzons

The Investment Department is responsible for managing and directing the operations of CTPF’s investments in accordance with the Illinois Pension Code, the Investment Policy Statement, the Board Rules, Orders, and Resolutions, and all applicable laws. With the support of the Consultants, the Investment Department provides ongoing performance evaluation and due diligence of all investment managers. The Chief Investment Officer, Investment Staff, and the Consultant act as fiduciaries to CTPF. Key areas of responsibility include:

  • Review asset allocations, investment strategies, strategic planning, performance and recommending new investment opportunities based on CTPF’s risk/return profile
  • Setting policies, investment strategies, asset allocations, monitoring results, overseeing the plan and representing the plan on behalf of the beneficiaries
  • Implementing policies, manager structure, manager selection, and manager due diligence
  • Determining the optimal allocation of a portfolio among broad asset classes
  • Completing annual regulatory reports such as the Illinois Economic Report, the Illinois Senate Hearing Questionnaire, and the Governor’s Report

Legal Department

Daniel J. Hurtado
Daniel J. Hurtado

The Legal Department advises the Board and CTPF staff on legal issues impacting CTPF, both on a day-to-day basis and at Board and Committee meetings. The Legal Department works closely with Board counsel and oversees the work of CTPF’s other outside counsel, including litigation, investment, tax, and securities and class action litigation counsel. Organization-wide Legal Department responsibilities include:

  • Drafting and updating Board policies
  • Managing CTPF’s non-Investment contract and procurement process
  • Processing FOIA requests
  • Assisting all CTPF departments with contracts, agreements, and other legal matters