At the December 6, 2018 meeting of the South Dakota Retirement System (SDRS) Board of Trustees, Robert A. Wylie, the long-time Executive Director of SDRS, announced that he would retire on or about December 1, 2019.
Mr. Wylie has been the Executive Director since 2003 and has worked at SDRS for over 36 years. He also serves as an ex-officio member of the South Dakota Investment Council, which oversees the investment of all South Dakota trust assets.
Mr. Wylie has served in leadership positions in several national public pension organizations. He is a past president of the National Association of State Retirement Administrators, a former committee chair of the National Council on Teacher Retirement and currently serves as a member of the Governmental Accounting Standards Advisory Council.
SDRS Board Chair, James Johns commented that Rob Wylie has been a leader for the Board and for SDRS as a whole. The work done under his tenure as Executive Director has positioned SDRS at the forefront of the public pension industry. SDRS provides reliable retirement income to retired public employees and is a valuable asset to the State of South Dakota. The System is fully funded and has taken significant steps to ensure continued sustainability for years to come. SDRS is a model of prudent design and effective management. Rob will be missed.
The SDRS Board of Trustees will be doing a national search to fill the Executive Director position.
