Richard Ingram: Ingram out as head of TRS

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Ingram out as head of TRS

The head of the largest state pension system has resigned after being placed on administrative leave by his board. Richard Ingram, executive director of the Teachers’ Retirement System, submitted his resignation Monday effective immediately. Stan Rupnik, TRS’ chief investment officer, is now the interim executive director of the retirement system and is in charge of managing its day-to-day affairs. The system released a statement Thursday saying that the TRS board had voted unanimously on July 31 “to place Executive Director Richard Ingram on administrative leave due to performance issues covered by his employment contract.” “The action that the board took ...

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https://www.sj-r.com/news/20200806/ingram-out-as-head-of-trs

 

Head of troubled teachers’ pension system quits after being put on administrative leave

The Illinois Teachers’ Retirement System’s board voted unanimously last Friday to put Richard Ingram on administrative leave "due to performance issues covered by his employment contract," according ...

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https://chicago.suntimes.com/politics/2020/8/6/21357946/illinois-teachers-retirement-system-trs-ingram-pensions