Presented by TEXPERS Consultant Member River & Mercantile, the webinar was free to TEXPERS' System Members. The presentation is now available to replay.
The COVID-19 pandemic is materially affecting the global economy and investment markets. As a result, your fund's liquidity profile may change, including:
- Less income from investment portfolio
- Potential increase in benefit payments
- Increased DROP elections
Liquidity is the "third-leg" of pension management alongside investments and liabilities. Understanding your plan's liquidity profile is critical as you make investment decisions.