The oversight board consists of nine members. The executive director of the state's Investment Management Board and the executive director of the state's Consolidated Public Retirement Board, or their designees, serve as voting ex officio members. The other seven members are citizens of the state who have been qualified electors of the state for a period of at least one year next preceding their appointment and listed as follows: An active or retired member of a Municipal Policemen's Pension and Relief Fund, an active or retired member of a Municipal Firemen's Pension and Relief Fund, an attorney experienced in finance and investment matters related to pensions management, two persons experienced in pension funds management, one person who is a certified public accountant experienced in auditing and one person chosen from a list of three persons submitted to the Governor by the state's largest association of municipalities. With exception to the ex officio members, the terms of oversight board members are staggered.
Stephen G. Neddo, Chairman
John W. Kee, Vice-Chairman
Lisa K. Dooley, Secretary/Treasurer
Jeffrey E. Fleck
Donald C. Lucci
David E. Palmer
Craig Slaughter
Darren K. Williams
C. Seth Wilson