The District of Columbia Retirement Board's (DCRB) Board of Trustees is currently composed of 12 members, including:
- Three elected by the active Police Officers, Firefighters, and Teachers
- Three elected by the retired Police Officers, Firefighters, and Teachers
- Three appointed by the Mayor of the District of Columbia
- Three appointed by the Council of the District of Columbia
The District’s Chief Financial Officer, or his or her designee, serves as an ex officio non-voting member. One of the City Council appointees and two of the Mayoral appointees are required to have professional work experience in banking, insurance, or the investment industry [DC Code § 1-711(b)(8)].
Once elected or appointed, each Board member serves a four-year term. The Board Chair is elected annually by the members and, by Board rules, limited to two consecutive terms. Board officer elections are typically held each February at an Open Board of Trustees meeting.
The Board officers for the calendar year 2024 are:
- Board Chair: Joseph Bress
- Vice Chair/Secretary: Danny C. Gregg
- Audit Committee Chair: Tracy S. Harris
Meet the Board of Trustees for the calendar year 2024:
- Adam Weers, Council-Appointed Trustee
- Joseph M. Bress, Council-Appointed Trustee
- Lyle M. Blanchard, Council-Appointed Trustee
- Joseph Clark, Mayor-Appointed Trustee
- Mary A. Collins, Elected Retired Teacher Trustee
- Nathan A.Saunders, Elected Active Teacher Trustee
- Geoff Grambo, Elected Retired Firefighter Trustee
- Tracy S. Harris, Mayor-Appointed Trustee
- Greggory Pemberton, Elected Active Police Officer Trustee
- Christopher Finelli, Elected Active Firefighter Trustee
- Danny C. Gregg, Elected Retired Police Officer Trustee
- Carmen Pigler, Ex Officio Trustee
- Vacant, Mayor-Appointed Trustee (Vacant)
Fiduciary Obligations
As trustees of the Funds, the Board’s trustees are subject to stringent fiduciary obligations under the Reform Act and Replacement Plan Act. These obligations include a requirement to exercise their responsibilities exclusively in the interests of the beneficiaries and participants with the care, skill, prudence, and diligence of a prudent expert. A fiduciary who breaches any of the responsibilities, obligations, or duties imposed by the Reform Act is held personally liable and must restore to the Funds any losses that may occur from such breach.