Executive Management, Asset Management, Investment, Retirement Adminis

PHILLIP KAPLER

***** ***** ***** ****** *

Lakeville, Minnesota 55044

651-***-**** ******.*******@*****.***

EXPERIENCE

Retirement Administrator

Fresno County Retirement Association

Fresno, California July, 2012

- April, 2014

. Advisor to the Board of Trustees

. Chief Executive Officer

. Chief Investment Officer

. Budget, Finance and Staff Management

. Business Agent, Contract Negotiator

. External Liaison, Media Contact

.

Administrator for a defined benefit pension program with $4 billion in

assets, with

an office staff of 34, and professional service agreements for custody

banking, legal and actuarial advisors, and 30 investment accounts under

external manager contracts.

Organized all meetings and advised the Board in developing benefit,

administrative and investment policies. Oversaw the allocation and

management of fund assets, coordinated investment firm RFP's, hiring and

terminations. Prepared the annual budget of $215 million for benefits, $9

million in investment operations and $3.7 million for general plan

administration.

Oversaw design and implementation of a new Member Records and Payments

system (Arrivos). Represented the Association in communications with key

partners, federal, state and county officials, attorneys and the media.

Executive Director

St. Paul Teachers' Retirement Fund Association

St. Paul, Minnesota June, 2002 -

Aug, 2010

Chief Executive and Investment Officer for a $1.2 billion public pension

program serving 10,000 members organized as a non-profit corporation.

Managed six professional office staff. Negotiated and executed all

agreements with external service providers such as custodial and treasury

management banks, legal counsel, actuaries, investment management

contractors.

Prepared and implemented the annual budget of $100 million for benefits,

$4 million in investment operations and $700,000 for general

administration.

Drafted, negotiated amendments to, and secured passage of several key

legislative reforms. Official spokesman for the Association and Board in

external communications.

Executive Director

Minneapolis Police Relief Association

Minneapolis, Minnesota April, 2001 -

June, 2002

Manager of operations and fiscal business. Managed benefit and investment

functions of a $350 million pension fund, authorized under Minnesota Law as

a non-profit corporation with a nine-member Board of Directors.

Supervised, directed and evaluated staff and professional service providers

for accounting, custodial bank, actuarial, legal and investment services.

Spokesman for the organization before the Legislature, City Council, the

State Auditor and other governmental and affiliated organizations.

Prepared monthly meeting agenda and supporting materials, serving as an

advisor to the trustees.

Assistant State Auditor for Public Pension Oversight

Office of the State Auditor, St. Paul, Minnesota May, 1998 - April,

2001

. Represented State Auditor in regulatory, legislative and enforcement

matters

. Initiated and lobbied for passage of important oversight-related

legislation

. Implemented statewide investment performance measurement computer

system for use by local retirement plans.

. Conducted large and small group training sessions

Manager of 11-member team with an operating budget of $600,000, authorizing

payments of approximately $100 million in state aids to public pension

plans on an annual basis. Testified before legislative committees and

advised partner agencies.

Provided accurate and timely information on the financial status of pension

funds. Educated city officials, trustees, accountants and investment

advisors to promote sound pension fund administration, investment of assets

and legal compliance.

Executive Budget Officer

Minnesota Department of Finance, St. Paul, Minnesota March, 1990 -

April, 1998

Lead fiscal and policy analyst for public employee compensation, benefits

and retirement issues. Represented Governor and Commissioner of Finance

in official communications, promoted Governor's Budget and policy

priorities in testimony before numerous legislative committees. Secured

passage of important reform measures.

Developed and implemented operating and capital budgets with assigned

agencies, with combined trust fund assets of $35 billion, $1.8 billion in

annual operating expenditures. Approved all budget allotments for assigned

agencies. Reviewed all contracts with outside vendors for conformity with

law and policy.

Minnesota Department of Finance (continued)

Client Agencies :

Employee Relations Department State Board of

Investment

Mediation Services Bureau Teachers' Retirement

Association

Public Employees' Retirement Assoc State Retirement

System

MN State Colleges & Universities Corrections Department

Additional Services :

Trustee, State Teachers' Retirement Association Board ( 8 years

)

Advisory Taskforce, State Long Term Care Initiative ( 6 months

) Advisory Committee, State Workers' Compensation Program ( 4

years )

Social Science Analyst

United States General Accounting Office, Washington, D.C. Aug

1988 - Mar 1990

Performed research and developed reports to the United States Congress.

Designed and performed analytical and statistical evaluations on federal

government programs, primarily in the Transportation and Health Care areas.

Managed research projects under approved reporting and procurement

guidelines.

Production Parts Reclaimer

John Deere Engine Works, Waterloo, Iowa Aug 1979 -

Oct 1986

Inspected, evaluated and repaired defective Diesel engine components.

Restored

components to design specifications by use of standardized methods or by

creating new procedures. Required frequent consultation with inspectors

and engineers and development of creative solutions to unique problems.

Challenging job that financed all college costs without incurring any debt.

EDUCATION

Master of Arts Public Affairs University of Iowa

1988

Emphasis : Policy Analysis / Research Design / Statistics

Highlights : G.P.A. 3.5

. Completed program in 3 semesters

. Internship - Office of the Governor

Bachelor of Arts Economics University of Northern Iowa

1985

Minor : French

Highlights : . G.P.A. 3.7 . Dean's List, four semesters

. Economics Club . 1 year at St.

Patrick's College, Ireland

PROFESSIONAL HIGHLIGHTS

Fresno County Employees Retirement Association

. New Member Records and Benefit Payments computer system

. Implemented 2012 California Pension Reform Act provisions (AB-340)

. Stress Testing and Redesign of fund investment portfolio

. Consistently outperformed target benchmarks, top third in peer

comparison rank

St. Paul Teachers Retirement Fund

. 18 of 32 quarters in top investment performance quartile

12 of 32 quarters in top decile *

* ( Callan Public Funds Universe data through June 2010 )

. Authored & secured passage of reforms to cost-of-living, policy

and investment laws

. Streamlined and enhanced data management and analysis systems

MN Department of Finance

. Omnibus 1997 Pension Reform Bill - Governor's advisor, bill drafter

and negotiator

. Higher Education Systems Capital Budget, 2006 - Finance coordinator

and negotiator

. Restructured State Workers Compensation Program to better control

long-term costs

U.S. General Accounting Office

Lead Economist & Statistical Analyst on two important Congressional

studies :

- Trucking Industry Safety : Developing Leading Indicators to Improve

DOT Monitoring and Reduce National Trucking Industry Accident Rates

- HCFA Hospital Mortality Analyses : Methodology Improvements to

Enhance

Reliability of Nationwide Hospital Performance Assessments

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