National Association of State Retirement Administrators

Position Information

Executive Director
We are pleased to assist our client, the Chicago Transit Authority Retirement Plan and Retiree Health Care Trust (RP/RHCT or “the Plans”) in seeking their next Executive Director. The Retirement Plan (RP) is a single employer, contributory defined benefit public pension plan covering all full-time CTA permanent employees. RP provides retirement, survivor, and disability benefits to approximately 18,000 active and retired members. Current assets under management are approximately $2.1 billion.
The Retiree Health Care Trust (RHCT) provides and administers health care benefits for CTA retirees and their dependents and survivors. The RHCT provides coverage to approximately 8,000 eligible retirees of the Chicago Transit Authority. The current assets held in trust for the RHCT are approximately $1.1 billion.
The Executive Director (ED) has overall executive responsibility for the operational, technical, and organizational administration of the RP/RHCT in accordance with the respective Trust Agreements and Plan Documents adopted by the Trustees. This responsibility includes developing, implementing, and monitoring policies, programs, standards, and procedures to ensure compliance with all relevant local, state, and federal statutes, regulations, and requirements. The Executive Director represents the RP/RHCT in all aspects of leadership, management, strategic planning, public relations, and negotiations, as determined by the Boards of Trustees.

To learn more about the Responsibilities and Preferred Qualifications please view the link below:

Position Specifications

To apply please send your resume to Tamara at
Position: Executive Director
Organization: Chicago Transit Authority Retirement Plan and Retiree Health Care Trust
Location: Chicago,  IL 
United States
Salary: $200,000
Posting Start Date: 2/3/2023
Date Posted: 2/3/2023
• Bachelor’s degree from a recognized four-year college of university; an advanced degree in a relevant field is preferred.
• Substantial (ideally ten (10) or more years) in benefit plan administration, as well as five (5) or more years of senior-level management experience, preferably in a public pension or health fund.
• Certification as a CEBS or other appropriate credentialing with distinguish the most attractive candidates.
• Strong understanding of benefit plan design, actuarial valuations, actuarial funding methods, financial controls and reporting, and accounting is highly desired.
• Solid background with modern portfolio theory and institutional investments concepts and principles is desired.
• Strong understanding of pension law, trust and retirement tax laws, as well as health benefit laws is highly desired.
• Prior experience working with/reporting to a board is preferred.
• Prior experience working with members, elected officials, the media, and the general public is preferred.
• Experience serving as a spokesperson for an organization will be viewed favorably.
Status: This listing expires on: 4/4/2023
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Organization Information
Chicago Transit Authority Retirement Plan and Retiree Health Care Trust

Chicago,  IL 60603
United States
Tamara Wesely