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 Highlights
Spotlight on our January 2026 Working Group Meeting
Spotlight on CIEBA 2025 Annual Meeting & Celebration of CIEBA’s 40th Anniversary
Spotlight on our June 2025 Working Group Meeting

Spotlight on our April 2025 Working Group Meeting
Spotlight on our January 2025 Working Group Meeting
Spotlight on our October 2024 Annual Meeting
CIEBA in the Media/Comment Letters
CIEBA in the News
Earlier this month, CIEBA Executive Director, Dennis Simmons (center), joined a panel at an Institutional Investor event in Washington, D.C., where he underscored that the headwind with DC adoption of alternatives has little to do with plans sponsor capability or interest.
As he put it, “it’s the specter of litigation,” a point reinforced by the Intel case, where “even prudent, well‑documented decisions can lead to a decade of litigation.” Simmons emphasized that what fiduciaries truly need are higher pleading standards to curb frivolous DC lawsuits — the only path to responsible innovation.
He also noted that, for many employers sponsoring both DB and DC plans, an even more immediate priority for improving participant outcomes is securing clearer rules to responsibly use pension surpluses to support other employee benefits, including DC matching contributions.

CIEBA Executive Director, Dennis Simmons, was recently interviewed by Institutional Investor Magazine on several important issues facing investment fiduciaries going into 2026.

CIEBA in the News
CIEBA Executive Director, Dennis Simmons, recently penned an opinion article discussing how real ERISA litigation reform could pave the way for investment committee excellence.

CIEBA in the News
CIEBA Executive Director, Dennis Simmons, recently spoke to Mergermarket, a service of ION Analytics, about the importance of needed ERISA litigation reform, particularly in the context of prudently considering alternatives in 401(k) plans.

CIEBA in the News
Boeing CIO and Vice Chair of the CIEBA Board of Directors, Liz Tulach, was recently profiled in Pensions & Investments (P&I). Liz is also one of the Pensions & Investments’ 2025 Influential Women in Institutional Investing honorees.
|