Headquarters: 730 3rd Ave., New York, NY 10017
http://www.tiaa-cref.org

2009 Revenue: $26.28 billion

In 2009, over 500,000 retirees received a combined $10 billion in income from TIAA-CREF.

Key Officers: Roger W. Ferguson, Jr., President and Chief Executive Officer; Marvin Adams, Executive Vice President, Technology and Operations; Maliz Beams, Executive Vice President, Client Services.

Teachers Insurance and Annuity Association – College Retirement Equities Fund (TIAA-CREF) is the leading retirement system for people who work in the academic, research, medical and cultural fields, serving 3.7 million active and retired employees participating in more than 27,000 retirement plans.

In 1918, Andrew Carnegie and the Carnegie Foundation established Teachers Insurance and Annuity Association (TIAA), a system of pensions for professors. Funding was provided by a combination of grants and contributions from participating institutions and individuals.

After World War II, TIAA recognized the need for its participants to invest in equities in order to diversify their retirement funds. In 1952, the College Retirement Equities Fund (CREF) was created for that purpose.

TIAA-CREF ranks #90 on the 2010 Fortune 500 list.

Sources: TIAA-CREF.org, Money.Cnn.com

Compiled by Life Quotes, Inc. staff