Illinois Police Officers Pension Approves Allocation Changes

At the March 8th board meeting, the Illinois Police Officers Pension Fund approved five asset allocation updates, according to meeting materials.  

While the Emerging Markets policy allocation was decreased by 1% bringing it to 6% of the Fund, the International Developed Equity allocation was updated to 19%, an increase of 1%. 

Also approved at the meeting was the recommendation to move the 3% long-term core plus bond allocation over to core bonds. 

The target allocation to real estate/infrastructure (8%) is to be divided between the two. The new real estate and infrastructure target allocations are 5% and 3% respectively.

Lastly, the motion of moving TIPS to the “Risk Mitigation” asset class. 

As of February 29, the Pension Fund has a market value of $10.16 billion. 

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