Tag: Pennsylvania State Employees Retirement System
Stress test finds capital preservation plan effective at providing security during market downturn.
Pension board also approves reduction in assumed rate of inflation to 2.5%.
Asset Management Culture
Permitted under the CARES Act, the provision allows portfolios to recover from stock market downturns.
Board approves nearly $300 million in private equity, multi-strategy investments.
Board also reallocates $1 billion within its portfolio.