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CS McKee briefed joint board on pension investment strategy and actuarial assumptions
2313225 · February 10, 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
New investment adviser CS McKee described a diversified 60/40 approach for the city's two pension plans and recommended actuarial review of the current 8% assumed return.
CS McKee representatives presented a brief on investment strategy for the city nd police pension plans, described the near-term posture for the funds and recommended working with the actuary to evaluate the current 8% assumed rate of return.
"For DuBois, between the two pension plans, we generally have a 60/40 portfolio," client-services manager Zach Niau said. He and…
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