# Regional Transportation Authority Pension Plan

Regional Transportation Authority Pension Plan is a Pension Fund based in Chicago, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** 175 W. Jackson Blvd., Suite 1550, Chicago, Illinois, United States
- **Founded:** 1976
- **Assets under management:** 1059 (Altss estimate)
- **Website:** rtachicago.org
- **LinkedIn:** https://www.rtachicago.org

## Regulatory record

- **Reports private funds:** No

## About

The Regional Transportation Authority Pension Plan was established in 1976 to serve employees across the RTA and its operating divisions. It functions as a public pension plan with a board of trustees that includes both employee and non-employee members. The plan holds positions in commingled investment funds valued at $259.5M, corporate fixed income mutual funds at $59M, and liquid real estate funds at $23.9M. It also maintains exposure to private equity secondaries and real estate fund portfolios on a global and U.S. basis. Geographic reach centers on North American public markets with additional allocations to international equities through commingled vehicles. Service providers include Meketa Investment Group as investment advisor and Northern Trust as custodian. Board activity includes the October 2024 quarterly meeting that reviewed investment performance and actuarial valuations. The plan maintains memberships in the National Association of State Retirement Administrators and the Economic Club of Chicago. Additional trustees hold roles at Moelis & Company and Morgan Stanley. Governance ties directly to the Regional Transportation Authority as the sponsoring employer, with participating employers Metra and Pace contributing to the cost-sharing structure. This creates a mandate focused on stable benefit delivery rather than external capital raising.

## Sectors

- Diversified

## People

- Bill Lachman — Chairman of the Board of Pension Trustees
- Zaid Abdul-Aleem — Non-employee Trustee
- Mahdi Hemingway — Non-employee Trustee
- Sam Sesto — Non-employee Trustee
- Leanne Redden — Executive Director of the Regional Transportation Authority

## Questions

### Who runs investment decisions at Regional Transportation Authority Pension Plan?

Bill Lachman serves as Chairman of the Board of Pension Trustees. The board includes non-employee trustees Zaid Abdul-Aleem, Mahdi Hemingway, and Sam Sesto.

### What asset classes does the plan currently hold?

Holdings include commingled equity and fixed income funds, corporate fixed income mutual funds, liquid real estate funds, and private equity secondaries.

### How is the plan structured relative to its sponsoring employers?

It operates as a cost-sharing multiple-employer defined benefit plan with the Regional Transportation Authority as founder and Metra and Pace as participating employers.

### Does the plan use external advisors and managers?

Meketa Investment Group acts as investment advisor, Northern Trust as custodian, and Wellington Management and Times Square Capital Management as investment managers.

### What is the plan's private equity allocation?

Current private equity exposure is 5.77 percent with a target allocation of 4 percent.

## Related profiles

- [IPER](https://altss.com/profile/iper-instituto-de-previdencia-do-estado-de-roraima)
- [Greater Houston Community Foundation](https://altss.com/profile/greater-houston-community-foundation)

---

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

Canonical page: https://altss.com/profile/regional-transportation-authority-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology