Gary Amelio A&S ’78, LAW ’81 is the most recent Pitt-Greensburg alumnus to be recognized with the University of Pittsburgh’s 225th Anniversary Medallion. He joins Teresa “Terri” (Glenn) Petrick ’79, Dr. Diane Marsh, emeritus professor psychology, and William Carl, friend to the campus, in receiving this distinguished honor from the University of Pittsburgh. Amelio received his Medallion, awarded to distinguished alumni and trustees, at a special dinner held in October.
Medallions have a long history in academia and are used as a means of commemorating special times and honoring special people. The University of Pittsburgh presented its first Anniversary Medallion with the Bicentennial in 1987. As part of this most recent celebratory year, Chancellor Mark Nordenberg commissioned the creation of a 225th Anniversary Medallion. It builds on the tradition started during Pitt’s bicentennial year and adds to the list of those who have received Anniversary Medallions.
In her presentation of the Medallion, Dr. Sharon P. Smith thanked Amelio, saying, “Gary, thank you for your leadership, for being a role model to our students and for your devotion to Pitt. Most of all, thank you for helping the University of Pittsburgh and the University of Pittsburgh at Greensburg build better lives through all you do. It is my pleasure and privilege to present you with the 225th Anniversary Medallion in recognition of your role in helping the University build better lives through your life’s work.”
Amelio, CEO of the Santa Barbara County Employees Retirement System, was named a Medallion recipient in recognition of his contributions to the employee benefits industry. He has more than 26 years of experience in the employee benefits, investment, executive compensation, and fiduciary areas. As an attorney, he served as legal counsel on ERISA, tax, and fiduciary matters prior to moving into a senior business management role. In addition to his extensive experience with Taft Hartley and public sector plans, Mr. Amelio has worked with corporate qualified retirement, nonqualified deferred compensation, executive bonus, and welfare plans.
As president of Retirement Services for ULLICO, Inc., a company that serves the benefit needs of unionized workers, Amelio expanded the Retirements Services investment product offering menu. Serving as chief executive officer of the Federal Retirement Thrift Investment Board, administered the Thrift Savings Plan, the largest defined contribution plan in the world, comprised of $220 billion in assets and serving 3.7 million participants.
A native of Jeannette, PA, and a graduate of the University of Pittsburgh and its law school, Amelio was also named a Pitt-Greensburg Alumnus of Distinction (2005) and a Legacy Laureate (2007). He also was the recipient of several national awards recognizing his expertise and management skills in the employee benefits industry. The awards include Plan Sponsor of the Year (2003); Innovation in Benefits Award (2004); Federal 100 Top Executive (2006) and a nomination for Plan Sponsor of the Year (2004).
He has spoken before numerous professional, union, business, trade organization, customer and education groups on a variety of employee benefit topics. Most recently, Amelio presented on topics which include current industry trends and fiduciary duties; vendor fees; and the value of asset allocation. He has been interviewed for various print, radio and national television reports.