# Iowa Judicial Retirement System

Iowa Judicial Retirement System is a Pension Fund based in Des Moines, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Des Moines, United States
- **Region:** North America
- **Address:** Capitol Building, Des Moines, IA, United States
- **Assets under management:** 255 (Altss estimate)
- **Website:** www.treasurer.state.ia.us
- **LinkedIn:** https://www.linkedin.com/company/statetreasurerofiowa

## Regulatory record

- **Reports private funds:** No

## About

The Iowa Judicial Retirement System provides defined benefit pensions to Iowa judicial officers. It was established under Iowa Code Chapter 602 and is administered by the State Court Administrator with investment oversight from the Office of the Treasurer of State. The system maintains exposure across large-cap equities via Vanguard, small-cap growth through William Blair, small-cap value via Wasatch, international equities with Baillie Gifford and fixed income portfolios at Lazard and Reams. It also holds a Dow Jones SPDR REIT ETF valued at approximately $23 million and maintains a securities lending collateral pool. All investments are managed through external fund vehicles rather than direct co-investments or SPVs. The plan reports total assets of $255 million. Service providers include BNY Mellon as master custodian since 2010, Cavanaugh Macdonald Consulting as actuarial consultant since 2011, Wilshire Advisors as investment consultant and the Auditor of State of Iowa for external audit. Related entities include the Iowa Supreme Court and sister plan Iowa Public Employees' Retirement System. No distinct structural differentiator beyond standard public pension governance is documented in available records.

## Sectors

- Public Pension
- Equities
- Fixed Income
- Real Estate

## People

- Bob Gast — State Court Administrator
- Roby Smith — Treasurer of State of Iowa

## Questions

### Who runs investment decisions at Iowa Judicial Retirement System?

The Office of the Treasurer of State of Iowa serves as investment administrator and trustee. Roby Smith holds the Treasurer role.

### Does Iowa Judicial Retirement System participate in fund commitments or only direct deals?

The system invests exclusively through external fund vehicles including mutual funds and ETFs. No direct deal program is documented.

### What asset classes does Iowa Judicial Retirement System hold?

Holdings include large-cap equities, small-cap growth and value equities, international equities, core fixed income and REIT exposure.

### Which entities provide services to Iowa Judicial Retirement System?

BNY Mellon acts as master custodian, Cavanaugh Macdonald Consulting provides actuarial services, Wilshire Advisors serves as investment consultant and the Auditor of State conducts external audits.

### How is Iowa Judicial Retirement System related to other Iowa retirement plans?

It shares administrative ties with the Iowa Public Employees' Retirement System for certain judicial staff and operates alongside the Iowa Peace Officers' Retirement system under the same Treasurer's Office.

## Related profiles

- [INEOS Belgium Pension Plan](https://altss.com/profile/ineos-belgium-pension-plan)
- [Innovation and Technology Venture Fund](https://altss.com/profile/innovation-and-technology-venture-fund)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/iowa-judicial-retirement-system

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