I recently attended a National Public Pension Funding Forum hosted by the National Conference of Public Employee Retirement Systems, and had the opportunity to hear from many pension fund administrators and experts about the pension funding successes and challenges in the United States. As funds from across the county continue to work to ensure long term financial stability, one of my biggest takeaways from the event was that even though there are often no easy answers when it comes to pension funding, LAGERS is getting a lot of things right.
Recently I asked Brian Collett, our CIO, to give me an update on our most recent investment numbers. He shared lots of information with me on our most recent numbers, but also talked about our Asset study that we just completed, and how that shapes our investment strategy.
Tagged Sound Funding, Brian Collett, equities, stock market, inflation, Retirement, Retire, Quarterly Update, Pension Health, LAGERS performance, Investments; Return; LAGERS Portfolio, Investments, Investment Return, Contribution Rates, Asset Study
I recently sat down with Bob Wilson, LAGERS Director, to hear about our new funding level and how it matters to our employers and our members.
A few years ago, I was at a meeting where I was to give a presentation to a group of LAGERS retirees. Before I even started speaking at least three different people stopped me and asked, “So, when is the money going to run out?”
I recently had the chance to speak with the board of a prospective employer, and a common question came up about the relationship between investment performance and contribution rates. Coincidentally, I planned to share this blog post and video explaining the relationship between LAGERS investment performance and employer contribution rates.