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The State Investment Board has appointed Jodi A. Smith as the permanent executive director of the North Dakota Retirement and Investment Office. The decision was made during a special SIB meeting on June 3, 2025.

The Retirement and Investment Office in partnership with Sagitec, a leader in pension administration software solutions, successfully launched a modernized Pension Administration System for the Teachers' Fund for Retirement. This marks a significant milestone in a pension modernization project, which sought to enhance platform efficiency, security, and service for the fund's more than 25,000 active, inactive, and retired members.

At a special meeting today, the State Investment Board elected Gov. Kelly Armstrong as its chair, reaffirming the Board’s commitment to strong leadership.

The North Dakota State Investment Board is pleased to announce the selection of NEPC LLC as its asset allocation advisor.

The North Dakota Teachers’ Fund for Retirement has been honored with the 2024 Public Pension Standards Award for Funding and Administration by the Public Pension Coordinating Council. The award is the benchmark for excellence in public defined benefit plans, evaluating standards of management, administration, and funding.