June 22, 2010

WASHINGTON, DC— Nevada Senator Harry Reid made the following statement today after the U.S. Senate confirmed Dana Bilyeu to the Federal Retirement Thrift Investment Board (FRTIB):

“I congratulate Dana on her new position at the Federal Retirement Thrift Investment Board. These tough economic times show us the importance of strong leaders like Dana in managing the retirement funds that people depend on,” Reid said. “The entire Public Employee Retirement System in Nevada has benefited from Dana’s work. She managed the $21 billion dollar trust responsibly, expanding services to members and improving review processes.

“The  FRTIB will receive the same commitment, professionalism, and leadership that she has brought to Nevada’s public employees retirement trust.

“Throughout her decade of service to Nevada’s public employees and more than 25 years of legal experience Dana has demonstrated her clear qualifications as a legal expert and successful manager of a complex financial system. 

She is a wonderful addition to the FRTIB and I congratulate her on her confirmation and look forward to working with her to ensure that our federal workforce has the retirement benefits they have earned through their service.”