The North Dakota Retirement and Investment Office (RIO) was established by the State Legislature under NDCC § 54-52.5 to coordinate the activities of the State Investment Board (SIB) and the Teachers’ Fund for Retirement (TFFR).
Under NDCC § 21-10, the SIB is RIO’s oversight board, providing investment management services for approximately 30 client funds. These includes some of the state’s largest funds—the Legacy Fund, Public Employees Retirement System, TFFR and Workforce Safety & Insurance.
The TFFR Board of Trustees, established under NDCC § 15-39, oversees the administration of the state’s pension program for North Dakota educators. Title 82 of North Dakota’s Administrative Code further defines program operations. TFFR serves more than 26,000 participants, including over 12,000 active members employed by public schools and state institutions.
Mission
To provide prudent and transparent investment services for our client funds and support North Dakota public school educators with responsible benefit administration.
Vision
To be recognized as a trusted and innovative provider of investment and pension services.
Values
Integrity - We value honesty and are committed to doing what’s best for our customers.
Accountability - We are responsible for our actions and work as a team to produce the desired outcomes.
Service - We care about the people we serve and take time to understand their unique needs.