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Retirement board reviews fund performance, approves annuitants and alternate pays

2364717 · February 20, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Feb. 19 meeting the York County Retirement Board heard an investment update, discussed asset-allocation choices and fees, and approved additions and ratifications to the monthly annuity payment list and alternate pays.

The York County Retirement Board on Feb. 19 received a presentation on pension, OPEB and defined-contribution pools and then approved minutes and annuity-list actions.

An investment presenter identified in the transcript as Lee reported that the total pension fund ended the prior quarter at about $562,000,000 and was at roughly $580,000,000 at the time of the meeting, an increase of about $15,000,000 (about 2% so far in 2025). Lee described fourth-quarter losses concentrated in listed equities, noted improvements in…

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