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The Illinois Investment Policy Board shall consist of 7 members. Each board of a pension fund or investment board created under Article 15, 16, or 22A of this Code shall appoint one member, and the Governor shall appoint 4 members.

Please send any FOIA requests to


  • Stan Rupnik – Teachers’ Retirement System
  • Douglas Wesley – State Universities’ Retirement System
  • Dipesh Mehta - Illinois State Board of Investment
  • Michael R. Mahoney – Governor’s Appointment
  • Andrew Lappin – Governor’s Appointment
  • Alicia Oberman – Governor’s Appointment
  • Sidney Mathias – Governor’s Appointment

IIPS By Laws