CIEBA's mission is to improve retirement security and increase investment management effectiveness by:
  • Keeping plan sponsors up-to-date on legislative, regulatory, and investment issues affecting defined benefit and defined contribution plans
  • Providing a vendor-free forum for members to discuss these issues, develop effective solutions, and discharge their fiduciary responsibilities
  • Serving as an information resource for legislative and regulatory bodies
  • Supporting constructive policy and legislative initiatives
  • Building understanding and support for the private sector retirement system

CIEBA is committed to strengthening the private sector retirement system so that it continues as a major source of retirement income for millions of Americans. CIEBA members recognize that the assets held by the private sector retirement system provide a significant source of long-term capital essential for growth.


Representation in Washington

As the largest organization of corporate pension investment officers, CIEBA is a unique organization with a focus on the investment of retirement funds. CIEBA has testified before Congress and government regulatory agencies to express opinions on various issues, including the following.

  • Maintaining the tax-free status of securities transactions made on the behalf of retirement plans
  • Requesting relief from the nondiscrimination rules for soft frozen single-employer defined benefit plans
  • Support the fiduciary safe harbor for participant-directed investments of defined contribution plans
  • Enhancing access to expert investment advice and education
  • Encouraging a more flexible exemption process in the prohibited transaction area that properly balances the potential risks to plan participants with the benefits of the particular transaction investment issues

    Peer Networking

    CIEBA meetings are a forum for candid off-the-record discussions among peers of contemporary issues. Some examples of topics presented and discussed in the past include:

    • Pension De-Risking
    • Customized Target Date Funds
    • Brokerage/Mutual Fund Windows within DC Plans
    • Benchmarking Illiquid Assets
    • Procrastination in DC Plans

    Industry Trends

    Through surveys, CIEBA provides exclusive information on trends within the industry and issues members are currently addressing.  These include:

    • The Annual Membership Profile Survey highlights trends in asset allocation, equity turnover, indexation, and internal and external management
    • Quarterly surveys of discount rates and return on assets, which members say are critical for benchmarking
    • Ad hoc surveys on current issues important to members

    Investment Issues

    As the only forum for discussion among exclusively corporate plan sponsors, CIEBA meetings allow members to examine significant investment issues. Past meetings have addressed:

    • Smart beta for expanding the investor’s toolkit
    • Investment committee governance
    • Alternative benchmarks
    • Emerging Market investments
    • Risk management tools