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Pension Committee and Board of Trustees

The RTA Pension Plan covers all RTA employees, as well as non-represented employees of Metra and Pace. The pension’s day-to-day activities are governed by two separate entities: the Pension Committee and the RTA Pension Board of Trustees. The Pension Committee is responsible for approving outgoing funds and for interpreting the Plan, while the Trustees are charged with investing Plan funds. The RTA Board approves appointment of membership of the Pension Plan Board of Trustees and the chair of the Pension Plan Administrative Committee

Agendas, minutes and other materials are available on the Meeting Materials page. 

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Pension Plan Administrative Committee

The Committee is responsible for the operation of the Plan, including reviewing and making recommendations regarding benefit changes, decisions related to the operation of the Plan, hiring of actuaries, attorneys, and other professionals not related to the investment of Plan assets.

In 2023, the Committee will meet at 9:30 a.m. on the following Fridays: February 10, May 19, August 18, and November 17. Whether the meetings will occur in person or remotely via Zoom depends on the Governor’s emergency declaration.

Members

  • John Milano, Metra
  • Win Buren, Metra
  • Frank Dufkis, Pace
  • Joseph Ellyin, Pace
  • Allison Noback, RTA
  • Nadine Lacombe, RTA, Chair

Pension Board of Trustees

The Trustees are responsible for the hiring of investment advisors/consultants, review of investment strategies, review and hiring of investment managers, recommending annual funding of the Pension obligations through the consultation with the Plan’s actuary, and other discussions pertaining to the investment and safeguarding of assets and funding.

In 2023, the Committee will meet at noon on the following Fridays: February 10, May 19, August 18, and November 17. Whether the meetings will occur in person or remotely via Zoom depends on the Governor’s emergency declaration.

Members

  • Zaid Abdul-Aleem
  • Mahdi Hemingway
  • Frank Paul
  • Jeff Goodloe
  • Lorri Newson, Pace
  • John Morris, Metra
  • William Lachman, RTA, Chair
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