News

North Dakota Teachers’ Fund For Retirement Board of Trustees has selected Gabriel, Roeder, Smith & Company as its new pension fund actuary.

The North Dakota Retirement and Investment Office Executive Director Jan Murtha announced the North Dakota State Investment Board (SIB) voted to approve changes to the Legacy Fund Investment Policy Statement (IPS) at their meeting today.  

There will be no walk-in services, phone calls, or email access with TFFR Retirement Specialists Friday, October 21st through Wednesday, October 26th. Staff will do their best to respond promptly upon their return on Thursday, October 27th.  Thank you for your patience while they are out of the office for required training in order to provide superior customer service.

The North Dakota State Retirement and Investment Office is pleased to announce that the position of Deputy Executive Director/Chief Retirement Officer has been filled. After an extensive candidate recruitment, the agency offered the position of Deputy Executive Director/Chief Retirement Officer to Chad Roberts. Mr. Roberts began in his new role on July 11^th, 2022. 

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The June 2022 Briefly is now available. Please review the information regarding Year-end Employer Payment and Reports, Fiscal Year-End Checklist, PAS Project, Employer Contribution Rates for 2022-23, and TFFR Retirement Education Workshop in July.

The North Dakota State Investment Board is pleased to announce that the position of Chief Investment Officer has been filled.  At its meeting on December 15, 2021, the State Investment Board offered the position of Chief Investment Officer at the North Dakota Retirement & Investment Office (RIO) to Scott Anderson.  Mr. Anderson is scheduled to begin his new role the week of January 17, 2022.

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The North Dakota Retirement and Investment Office (RIO) announced today that the Executive Director position has been filled.

Official Press Release

The October 2021 Briefly is now available. Please review the information regarding Member Reporting Requirements, Workshops for Business Managers, In-Staff Subbing by RE-Employed Retirees Policy Suspension and Links for TFFR Forms.

We are seeking a Chief Investment Officer (CIO) with a high level of ethics and commitment to transparency. ND RIO, is an agency of the State of North Dakota and was assembled to capture administrative and investment savings in the management of two state programs: the retirement program of the Teachers’ Fund for Retirement (TFFR) and the investment program of the State of Investment Board (SIB).

SIB is the oversight board for NDRIO, the TFFR Board is responsible for the administration of the TFFR benefits program.  ND RIO has traditionally been led by a CIO/Executive Director.  As the investment program has grown dramatically, the SIB made the decision to bifurcate the Chief Investment Officer role from the Executive Director responsibilities.  

The CIO will report to the Executive Director and is responsible for administering the investment program of SIB.

Responsibilities and Preferred Qualifications please view the Position Specifications.

ND RIO has retained EFL Associates for this important search. To apply please send your resume to Lauren McElderry, of EFL Associates, at lmcelderry@eflassociates.com.

Fargo, N.D. - 50 South Capital Advisors, LLC, the general partner of the newly-formed North Dakota Growth Fund (NDGF or the Fund), recently launched its interactive website for the Fund. The Fund was created, with the support of the State Investment Board, to further advance innovation and private markets investments in the state by seeking investments that provide strong risk-adjusted returns and support the growing entrepreneurial ecosystem in the state.

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