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The District of Columbia Retirement Board is an independent agency of the District government that has exclusive authority and discretion to manage and control the investments of the trust funds of the District police officers’, firefighters’, and teachers’ pension plans; and is responsible for administering benefits under the plans.
The Board meets its fiduciary obligations to participants and beneficiaries by:
- Ensuring that plan assets are invested prudently so that those participants and beneficiaries receive the benefits they have earned;
- Acting in their best interests and complying with all applicable laws and regulations;
- Providing them with services that reflect best practices; and
- Dealing fairly and impartially with all interested parties and adhering to the highest ethical standards.
Therefore, the mission of the District of Columbia Retirement Board is:
To prudently invest the assets of the Police Officers, Firefighters and Teachers of the District of Columbia while providing those employees with total retirement services.
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