Governor reappoints Devon Bruce as TRS board president and appoints two new trustees. Governor JB Pritzker has reappointed Devon C. Bruce as president of the Teachers' Retirement System of the State of Illinois (TRS) Board of Trustees and named him president of the board. The announcement was made in Springfield, Illinois, with all appointments effective July 15. In addition to Bruce's reappointment, the governor appointed Yadira Enriquez of Burr Ridge and Geetha Pilli of Naperville to the TRS Board of Trustees. The appointments are part of ongoing efforts to oversee the management and operations of the retirement system for teachers in Illinois. According to the Teachers' Retirement System of the State of Illinois, the board is responsible for administering retirement, disability, and survivor benefits for teachers and other eligible public school employees outside of Chicago. The system serves hundreds of thousands of active and retired educators across the state. The TRS board plays a key role in managing the pension fund and ensuring the financial stability of retirement benefits for its members. The appointments come at a time when public pension systems nationwide continue to address funding challenges and long-term sustainability, according to the Teachers' Retirement System of the State of Illinois. The newly appointed trustees are expected to participate in upcoming board meetings and contribute to policy decisions affecting the system's future.

Teachers' Retirement System of the State of Illinois selects Sagitec for Pension Administration modernization. By GlobeNewswire June 10, 2026 Cloud-Based Neospin(TM) Pension Administration System to Support more than 462,000 Members and Drive Statewide Pension Administration Transformation SAINT PAUL, Minn., June 10, 2026 (GLOBE NEWSWIRE) - Sagitec Solutions, a global leader in pension administration technology, announced that it has been selected by the Teachers' Retirement System of the State of Illinois (TRS) to modernize its pension administration system. Through this engagement, Sagitec will implement its Neospin pension administration software, helping TRS replace multiple legacy systems with a secure, scalable and future-ready solution designed to support one of the nation's largest public retirement systems serving hundreds of thousands of members and a broad network of participating employers across Illinois. Neospin (powered by Sagitec's shared technology platform, Xelence) will streamline pension administration operations, enhance digital self-service capabilities for members, and enable TRS to respond more quickly to legislative and business changes. With integrated employer and member self-service, the platform will also improve engagement and accessibility, while creating operational efficiency for TRS staff. "This project represents a significant step forward in modernizing our technology and enhancing the services we provide to our members and employers like generating benefit estimates, issuing refunds, service and disability retirement processing, benefit payroll and much more," said Gloria Lasley, chief operating officer at the Teachers' Retirement System of the State of Illinois. "Sagitec's solution offers the flexibility, scalability and innovation we need to support our long-term mission." Neospin will provide TRS with a unified, cloud-based platform to manage the full lifecycle of pension administration, including member enrollment, employer reporting, benefit calculations and retirement processing. Once in production, unlike traditional pension systems that rely on costly, disruptive upgrades, Sagitec's approach empowers TRS to control when and how enhancements are adopted, ensuring the platform evolves in a predictable and sustainable manner while significantly reducing total cost of ownership over time. "We are honored to partner with TRS on this transformative initiative," said Subodh Murthi, managing director at Sagitec Solutions. "This engagement reflects Sagitec's deep commitment to delivering flexible, future-ready pension platforms that not only modernize core operations but empower our clients to adapt and lead in a rapidly evolving environment. We look forward to supporting TRS in delivering exceptional service to Illinois educators for years to come." powered by Sagitec will provide Microsoft Azure Commercial cloud as the underlying Infrastructure as a Service (IaaS), and the solution is designed to scale with TRS's future needs while ensuring high availability, performance and resilience. Sagitec brings more than two decades of experience delivering pension administration solutions to public sector organizations. Neospin supports numerous retirement systems across North America, including several large, complex teachers' retirement systems. Founded in 1939 by the Illinois General Assembly, the Teachers' Retirement System of the State of Illinois (TRS) is one of the largest pension systems in the United States. TRS provides retirement, disability and survivor benefits to teachers, administrators and other public-school personnel employed outside the city of Chicago. The System serves more than 462,000 members and had assets of $84.6 billion as of April 30, 2026). TRS is governed by a 15-member Board of Trustees. For more information, please visit trsil.org. About Sagitec Sagitec is a global software provider that delivers configurable, rule-driven solutions built on a powerful platform for complex benefits administration. With deep expertise across pension, unemployment insurance tax and benefits, workforce and healthcare, Sagitec has been a long-term partner of more than 20 years for over 40 clients. Visit www.sagitec.com for more information. [email protected]