CIEBA, the Committee on Investment of Employee Benefit Assets, represents 120 of the country's largest pension and defined contribution trusts. Its members manage more than $2.5 trillion of defined benefit and defined contribution plan assets on behalf of more than 16 million participants and beneficiaries. As the largest organization of private plan investment officers, CIEBA represents the interests of chief investment fiduciaries of employee benefit plans in front of legislators, Congress, regulators, and the media. Click here to learn more. Recent Meeting HighlightsSpotlight on our June 2024 Working Group MeetingClick Here to Read the ArticleSpotlight on our April 2024 Working Group MeetingClick Here to Read the ArticleSpotlight on our January 2024 Working Group MeetingClick Here to Read the ArticleSpotlight on our October 2023 Annual MeetingClick Here to Read the Article
CIEBA in the Media/Comment LettersUpdate on OCIO developmentsCIEBA has been actively involved with helping to ensure that all sides of the OCIO issue are considered. Please find below a link to a brief article in Institutional Investor under the headline: “Slow Down, OCIOs Aren’t a Cure-All”. The article covers and links to a recent position paper from CIEBA Executive Director, Dennis Simmons, titled: Challenging the OCIO Hype: Debunking the Myths. Click Here to Read the Article3 CIEBA Members (Jean Grisi, CIO of Nokia, Kathy Lutito, CIO of Lumen, & Dekia Scott, CIO of Southern Company) recognized in Pensions & Investments’ 60 Influential Women in Institutional Investing 2024!Click Here to Check it out on P&ICIEBA in the News:During an episode of PGIM’s “The Outthinking Investor” podcast, Dennis Simmons, Executive Director of CIEBA, discussed the important role government policy has played in shaping the current retirement savings system and more... Click Here to Listen to the PodcastLitigation Update:CIEBA recently filed a brief to ask the US Supreme Court to review a case dealing with the standards to bring a valid ERISA claim. CIEBA Executive Director, Dennis Simmons spoke to several reporters about the brief: "[Plan sponsors have] been dragged into court to defend what are oftentimes frivolous claims by lawyers looking to extract quick settlements," he said. "At some point, you might see companies simply throw up their hands and stop offering plans to begin with." Click Here to Read the Amicus BriefClick Here for Press Coverage |