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Title Investment, Illinois State Board of 
Website http://www2.illinois.gov/isbi/Pages/default.aspx 
Contact Name William R. Atwood 
Contact Title Executive Director, Investment, Illinois State Board of 
Contact Phone 312.793.5710 or 1483 
Contact Email  
Function The Board manages the investments of the State Employees’ Retirement System, General Assembly Retirement System, Judges Retirement System, and the Public Employees Deferred Compensation Plan. 
Term 4 years, and until successor is appointed and qualified 
Senate Confirmation Yes 
Compensation Expenses 
Qualifications No member of the board shall have any interest in any brokerage fee, commission or other profit or gain arising out of any investment made by the board. This paragraph does not preclude ownership by any member of any minority interest in any common stock or any corporate obligation in which investment is made by the board. 
Composition 9 trustees as follows:
- 5 trustees appointed by the Governor
- the State Treasurer
- the State Comptroller
- Chairman of the JRS
- Chairman of the GAR  
Chair Elected by the Board biennially 
Authority 40 ILCS 5/22A-101 

Member Names

Name (Last, First) Ascending Term Expires Member Since Appointed By Position County Title
Clayborne, James      Chairman, General Assembly Retirement System Board of Trustees  State Senator  St. Clair   
Cozzi, Mark  06/02/2017  01/30/2015  Governor  Member  Cook   
Flores, Ezequiel  06/02/2019  06/05/2015  Governor  Member  Cook   
Frerichs, Mike      Treasurer  Member  Champaign  Illinois State Treasurer 
Hoffman, Justice Thomas      Chairman, Judges Retirement System Board of Trustees  Member  Clay   
Levine, Marc  06/02/2018  02/02/2015  Governor  Chair, Member  Cook   
Munger, Leslie      Comptroller  Member  Lake  Illinois State Comptroller 
Powell, Steven   06/02/2017  04/12/2012  Governor  Member  Lake   
Reiches, Shari  06/02/2016  02/02/2015  Governor  Member  Cook   

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