Mission

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 and supporting constructive policy initiatives
  • Building understanding and support for the private sector retirement system
  • Educating members on new investment concepts, trends and strategies

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.

Benefits

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 DB plans
  • Relieving the burden of PBGC premium increases on DB plans
  • Support the fiduciary safe harbor for participant-directed investments of DC plans
  • Supporting the safe harbor for lifetime income strategies in DC 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
  • Supporting DOL reform to conflict-of-interest standards as well as best interest standards of practice on investment fiduciaries

    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
    • Best Practices in Hiring and Monitoring Custodians
    • Service Provider Expenses
    • Financial Wellness Education for DC Plan Participants
    • Managing Downgraded Assets

    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
    • Surveys of discount rates and return on assets, which members say are critical for benchmarking
    • Ad hoc surveys on current issues important to members
    • A compensation survey provides members with high level information on the compensation trends for CIO’s and their staffs (new in 2017)

    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:

     

    • Alternative beta for expanding the investor’s toolkit
    • Investment committee governance
    • The role of alternatives
    • Risk management tools
    • Lifetime Income in DC
    • Litigation trends in DC
    • Marketplace Lending
    • Cybersecurity