CTPF Offers Testimony in Springfield

Pictured above, left to right: Vice President of the CTPF Board of Trustees Lois W. Ashford, Deputy Executive Director and Chief Legal Officer Tiffany R. Reeves, and RTAC President David T. Peterson.

 

July 28, 2015, Vice President of the CTPF Board of Trustees Lois W. Ashford

and Deputy Executive Director and Chief Legal Officer Tiffany R. Reeves traveled to Springfield to testify during the Illinois House Personnel and Pensions Committee
subject matter hearing on Governor Rauner's Pension Proposal. The proposal has not yet been filed as a bill and no formal action has been taken. Trustee Ashford and Ms. Reeves provided lengthy testimony, answered questions from committee members, and voiced CTPF's opposition to several items in the Governor's proposal. 

CTPF Hosts Second Leadership Roundtable

Daughhetee Named Director of Human Resources

Elise J. Daughhetee

Elise J. Daughhetee joined the CTPF staff as director of human resources on July 15, 2015. She will be responsible for the overall administration, coordination, and evaluation of the human resources function. Daughhetee has more than 20 years' experience as a HR professional, and has managed every aspect of the HR life cycle. 

"We are pleased to welcome Elise to the CTPF senior staff," said Charles A. Burbridge, executive director. "She is a proven HR Leader with a wide breadth of expertise, ranging from strategic planning to employee relations. Her focus on collaboration with all levels of management and staff, and her ability to assess needs and develop strategies will create meaningful results for the Fund."

Daughhetee most recently worked as a Founder and Principal HR Consultant for aHRchitects, and previously worked as HR Director and Talent Acquisition Leader for ComPsych Corporation of Chicago, and as an Associate Director of Corporate HR for Borders Group, Inc., of Ann Arbor, Mich.

She earned a master's degree in human resource management from Washington University, St. Louis, and a bachelor's degree in criminology from Indiana State University in Terre Haute. She holds several professional certifications including Senior Professional in Human Resources (SPHR), Senior Human Resources Manager-Senior Certified Professional (SHRM-SCP), and is certified as a general practice paralegal.

CTPF Legislative Update: Oppose SB 318

Senate Bill 318 passed out of the Illinois Senate on August 4, 2015, and was sent to the Illinois House. Rep. Barbara Flynn Currie (D-Chicago) has sponsored the legislation in the House, and it will be heard in the Executive Committee next Wednesday, August 12, 2015.

CTPF opposes Senate Bill 318 which combines provisions from two other bills, SB 316 and HB 3695. The bill:

1. requires the State of Illinois to pick up the "normal cost" contributions for CTPF, 
2. reduces the CPS required contribution for FY 2016 and FY 2017
3. extends the time CPS has to fully fund pensions by four years to 2063, and 
4. restores the pension tax levy

Call to Action

Please call or e-mail your Illinois State Representatives and ask him/her to vote No/Present on this legislation. CTPF opposes this legislation which underfunds pensions. CTPF cannot afford another pension "holiday."

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