CLICS/CLICS2019A/commsumm.nsf
PUBLIC
BILL SUMMARY For PERA ON ECONOMIC ASSUMPTIONS AND ASSET LIABILITY STUDY
INTERIM COMMITTEE PENSION REVIEW SUBCOMMITTEE
Date Sep 3, 2019
Location HCR 0112
PERA on Economic Assumptions and Asset Liability Study - Committee Discussion Only
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01:39:54 PM |
Mr. Ron Baker returned to the table with Ms. Amy McGarrity, PERA Chief Investment Officer, to discuss PERA's asset-liability study (included in Attachment B).
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01:40:58 PM |
Ms. McGarrity explained the asset-liability study currently underway and performed by Aon Hewitt Investment Consulting, Inc. She discussed PERA's asset classes, strategic asset allocation, how capital market assumptions drive expectations, and PERA's current long-term strategic portfolio.
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01:55:15 PM |
Ms. McGarrity responded to committee members' questions regarding the long-term rate of return assumption.
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