Investments in people, processes, and culture yield service excellence, prudent fiscal management, and personalized engagement for over 500k fund members and employers in public service.

The Indiana Public Retirement System (INPRS), one of the top 100 largest pension funds in the United States, has been named as one of the Best Places to Work in Indiana by the Indiana Chamber of Commerce for 2025. The organization is ranked 36^th out of 43 others in the medium company category.

“Earning a place on the Best Places to Work in Indiana for the second year is such an honor and a testament to the dedication, passion, and collaboration of every member of our team,” said Steve Russo, INPRS’s Executive Director. “The work we do is essential and represents a major impact to the Hoosier economy and the loyal public employees that continue to make a difference in their communities. We take great pride in this work and care deeply about helping our members achieve their retirement dreams. To be successful, it takes a great team, and to have a great team, you must create a work environment that allows them to do their best work, to feel respected, and to have opportunities to grow and learn throughout their careers.”

The organization’s investment in its employee experience has supported broader initiatives to support business operations and member experience, which serves 542,793 members made up of public employees, teachers, police officers, firefighters, excise, gaming, and conservation officers, judges, prosecuting attorneys, and State legislators, representing 1,333 participating employers.

Insights provided by CEM Benchmarking, Inc., a leading data and insights firm, lists INPRS as one of the most cost-effective public pension funds amongst its peers, outperforming the peer median service score by eight points. INPRS’s service score reached 90 points in 2024, reflecting a five-point increase since 2017, the same year when the organization kicked off significant investments in technology, digital accessibility, and organizational culture. INPRS’s pension administration cost per member is $42 lower than its peers. In 2025, INPRS also reduced its defined contribution administrative fees by 8.8%, to $41 annually, down from $45.

INPRS is dedicated to maintaining and enhancing its workplace culture by continuously investing in employee development, promoting work-life balance, and ensuring a supportive environment for all team members. This recognition as one of the Best Places to Work in Indiana is an honor and a motivating factor for INPRS to continue making a positive impact for its members and employers, and the organization an even better place to work.