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Decatur City Manager appointed to chair board that manages retirement accounts

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Decatur City Manager appointed to chair board that manages retirement accounts

Peggy Merriss

Peggy Merriss. Photo obtained via https://icma.org/

Decatur City Manager Peggy Merriss was recently appointed to chair the board of the International City Management Association Retirement Corporation.

According to a press release, “ICMA-RC is a non-profit financial services corporation with approximately $54 billion in assets under management and administration (as of December 31, 2017), and is focused on providing retirement plans and related services for over a million public sector participant accounts.”

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Merriss, who has been the Decatur City Manager since 1993 and has worked for the city since 1983, had previously served as president of the International City/County Management Association and was the first woman to hold that office, according to the press release. She’s been on the ICMA-RC board since 2011.

“She was appointed to serve a two-year term as Chair of the ICMA-RC Board of Directors beginning January 1, 2018,” the press release said. “The ICMA-RC Board of Directors, which is comprised of ten members, is responsible for oversight of the business affairs and governance of the Corporation. Ms. Merriss succeeds Mr. J. Thomas Lundy, who served as Chair of the ICMA-RC Board of Directors from 2014 until 2017. He retired as County Manager of Catawba County, North Carolina in 2016.”

Lundy said, “Peggy Merriss is a highly qualified public official whose exceptional leadership abilities will be a tremendous asset to the ICMA-RC Board of Directors and to the Corporation. I will miss working with her and others on the Board of Directors but I know the Corporation is in good hands as it continues to achieve its mission of helping public sector employees build retirement security.”

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