Monday, July 13, 2020

Public employees go above and beyond to help communities


TEXPERS Staff Report

Each month, TEXPERS searches the internet for stories of Texas public employees going the extra mile to help their communities.


Check out what we found this month:


Police Department Gives Girl a Birthday Parade

The Austin Police Department helped make a 10-year-old girl's birthday extra special despite social distancing due to the ongoing novel coronavirus pandemic. 


After learning that the girl, Presley Rivera, couldn't have a birthday party due to social distancing requirements, the department stepped in, according to a report on law enforcement news website Policeone.com. Officers decorated their patrol cars and drove by the girl's home while singing  "Happy Birthday to You."


You can watch local news coverage of the parade by clicking the image below.  





Teacher Engages Culinary Students Online During Pandemic

Allen Independent School District culinary arts teacher Matthew Denman didn't let the novel coronavirus pandemic stop him from helping his students learn to cook. 


According to a report by the Texas Education Agency, he created instructional cooking videos that introduced students to techniques, the science behind cooking, and new vocabulary. Using video, Denman used video to take his students through each step of a new dish and to celebrate their successes. 


"Whether it was a student remembering all the steps to a dish, or a student simply cleaning and sanitizing correctly on their own, seeing that 'AHA!' moment was, and is, the most rewarding aspect of teaching," the educator said in a news release. "Also, seeing my students making great tasting food is a definite plus, too."

 

To see one of the teachers' videos, click here


Texas Education Agency Twitter post from June 30, 2020.



Librarians Become Face of Small Business Assistance Center

Back in April, Community Impact newspapers reported that City of Bee Cave librarians stepped up during pandemic closures to help manage the local Small Business Assistance Center.


According to the program's website, the Bee Cave SBAC acts as a centralized resource center for local entrepreneurs and businesses to overcome the challenges created by the current health crisis. When the city library closed, its staff became the face of the center.


The Bee Cave library is one example of how librarians throughout Texas have chipped in during the pandemic. Other reports from Community Impact newspapers include: 

  • Round Rock library staff assisted people in finding ways to help their community, and a staff member helped answer calls from residents at the Round Rock Emergency Office Center.
  • San Marcos library staff referred people to community-based resources. 
  • Georgetown Public Library staff helped those conducting job searches during the pandemic. 
  • Lake Travis Community Library developed an online version of a program to assist people with resumes, job searches, and other employment issues.

Screen shot of City of Bee Cave Small Business Assistance Center website.


Tell us About Public Employees You Know

Do you know of a public employees that has gone above and beyond their duties in contributing to their local communities? Let us know about them in the comments section below.


Essential Roles in Our Communities


Public employees fill an essential role in our Texas communities. Law enforcement and firefighters protect lives and property. Municipal workers repair our streets, maintain parks, assist library patrons, and ensure that our water is safe to drink. Educators help our children grow into adulthood.

Those are just a few examples of the critical jobs public employees do for us. Some jobs are dangerous. Others receive little thanks. Many involve backbreaking work. But most are done with a dedication to the greater good that's often unmatched in the private sector.

Public employees, like the ones we've highlighted this month, often go the extra mile to contribute to their communities. TEXPERS urges you to go the extra mile in return and ask your local and state governments to ensure they receive their promised benefits.

To learn more about public pensions, visit our website, www.texpers.org.


TEXPERS pension system members are invited to register for this free educational online event

Photo by Anna Shvets from Pexels

TEXPERS Staff Report


TEXPERS Associate member Federated Hermes, Inc. (formerly Federated Investors, Inc.) is hosting a free virtual event from 3-6 p.m. ET on Thursday, July 16. 


The firm's Real Impact Tracker Summer Soiree features ideas and insights from top environmental, social, and governance investing experts worldwide. This is the first year the virtual event is to take place on ESG investing, an investment topic that continues to see demand grow. 



ESG Investing:

ESG refers to the three central factors in measuring the sustainability and societal impact of an investment in a company or business. These criteria help to determine the future financial performance of companies return and risk. 


Educational Session Subjects:

  • 3 p.m. ET: Clearing up Nuance -- Understanding ESG, SRI, and Impact 
  • 3:20 p.m. ET: Getting Started with Your Portfolio
  • 3:30 p.m. ET: How to Communicate Impact "to Win Customers and Influence Clients"
  • 4 p.m. ET: Optimizing Your ESG/SRI/Impact Portfolio


Expert Session Subjects:

Click here to see speakers for a current list of topics.

Keynote by Saker Nusseibeh, CBE, of Federated Hermes 


The online educational event will include a prize drawing.


Institutional investors and ESG thought leaders are to gather for the Real Impact Tracker Summer Soiree. Planners hope to make it an annual event. 


Registration:

Public pension system trustees and administrators may register for the virtual event here.


These Tunes Reflects the Hardships and Blessings of Retirement

5 Songs to Play When You Want Someone to Hear the Importance of Pensions

Wednesday, July 8, 2020

WEBINAR REPLAY | Controlled Acceleration: Using Derivatives to Manage Pension Plan Risk, Return & Liquidity



TEXPERS Staff Report

The COVID-19 pandemic is introducing market forces and volatility that will inevitably affect the long-term health of your pension fund.

Now is the time to consider tools to manage the crisis that do not require a wholesale change to your asset allocation and manager line-up.


> WATCH THE REPLAY: Controlled Acceleration Webinar.


Key Points from the Presentation:

  • Pandemic will most likely increase challenge pension sponsors will need to manage in future
    • Increasing negative cash flow 

    • Volatile market returns

  • This will put more pressure on need for investment returns
  • Traditional asset allocation approaches haven’t kept up by and large
  • Different approach needed to manage risk, liquidity needs and return needs
  • A structured equity approach can help manage those three needs
  • Provides ability to customize to the plan’s needs and risk tolerances
    • Can manage at the portfolio level vs. a portion of the plan
    • Custom designed
    • Can allow for increased liquidity

During the webinar, you'll hear from:
Ross Clary [Moderator]
Senior Advisor
River & Mercantile
Thomas J. Cassara [Panelist]
Managing Director
River & Mercantile
Masroor Ahmad [Panelist]
Managing Director
River & Mercantile



Presenting Sponsor:


Live Webinars and On-demand Replays


TEXPERS is committed to supporting our community of public pension system trustees and administrators by making online learning available through webinars such as this. Subscribe to our email list to be notified of future live webinars and on-demand videos.