On Wednesday, May 20, the Texas Association of Public Employee Retirement Systems hosted a webinar focused on the importance of pension plan liquidity management in response to COVID-19.

Presented by TEXPERS Consultant Member River & Mercantile, the webinar was free to TEXPERS' System Members. The presentation is now available to replay.

> ACCESS THE WEBINAR REPLAY: Click to watch.


The Details

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.