Illinois Teachers reports double-digit gains, boosts DEI dedication

The $62.7 billion Teachers' Retirement System of Illinois had strong asset gains for the year through June 30, and has also redoubled efforts to allocate to diverse managers, according to a public letter penned by Board of Trustees President Devon Bruce.

The Springfield, Illinois pension system closed out its fiscal year with an investment return of 23.1%, handily exceeding the system's 7% assumed rate of return.

Bruce added though that trustees and staff are doubling down on efforts to the system’s commitment to increase diversity, equity and inclusion (DEI) within the . . .

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