Executive Director
Company: Williams College
Location: Augusta
Posted on: February 23, 2021
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Job Description:
Maine Public Employees Retirement System Application
Attachments: Please include your resume and up to two additional
documents. Add File Maine Public Employees Retirement System, with
offices in Augusta and Portland, is searching for an Executive
Director to lead this $16.7 billion fund serving over 157,000
members and retirees. The position is open as a result of Sandy
Matheson, Executive Director since 2009, announcing her
retirement.-- MainePERS, an independent agency of the State of
Maine, provides pension, disability, and death benefits to its
members. Members include employees of the State, public school
teachers, and employees of 307 local municipalities and other
public entities (participating local districts, or PLDs).-- The
System administers four open defined benefit plans consisting of
the State Employee and Teacher Plan, the Judicial Plan, the
Legislative Plan, the PLD Consolidated Plan, and several small,
closed plans. The System also manages a Group Life Insurance Plan
covering active and retired state employees, teachers, and
employees of participating PLDs. In addition, the System manages
three defined contribution plans, the MainePERS OPEB Trust and the
Retiree Health Insurance Trust. Governance of the System is under
the direction of an eight-member Board of Trustees. All trustee
terms are three years, except for the two-year term of the State
Treasurer. Six trustees are System members; two are active and
elected by their unions, two are retired and appointed by the
Governor, one represents municipal plan members appointed by a
municipality organization, and the State Treasurer serves
ex-officio. Two other trustees are appointed by the Governor and
required to have investment or pension related expertise.-- The
Executive Director, reporting to the Board and to the Board Chair,
administratively, is the central point of responsibility and
accountability for the System. Leading--a team of 100, the
Executive Director's direct reports
include--Chief--Deputy--Executive--Director, Chief Investment
Officer, and--General Counsel. The Director of Internal Audit
reports to the Audit Committee of the Board and administratively to
the Executive Director. The Director of Finance, Deputy Executive
Director-Service Programs, Deputy Executive
Director-Administration, and Associate Deputy Director-Special
Projects report to the Chief Deputy Executive Director. The Board
desires an Executive Director with broad-based relevant experience
and knowledge, and a track record of superior performance in a
complex organization. An executive with relevant operational and
administrative experience and a general knowledge of actuarial
applications and investments is required. Requirements
Additional Salary Information: The Executive Director is an exempt
position and an "at will" employee. The System provides competitive
compensation and benefit packages that are designed to attract top
talent from the national market.
About Maine Public Employees Retirement System MainePERS, an
independent agency of the State of Maine, provides pension,
disability, and death benefits to its members. Members include
employees of the State, public school teachers, and employees of
307 local municipalities and other public entities (participating
local districts, or PLDs).
Keywords: Williams College, Kalamazoo , Executive Director, Executive , Augusta, Michigan
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