It involves apps for contact tracing, National Guard soldiers stationed at the front doors, office team rotations, and hand sanitizer stations.
Asset Management Culture
Staff members will follow sanitation and social distancing protocols required by the state, the executive director said.
As some lawmakers suggest states consider declaring bankruptcy, governments will be tempted to cut back on pension contributions. Amundi Pioneer senior adviser Charles E.F. Millard urges them not to do so.
Coronavirus - COVID-19
The 79% funded status in the first quarter, an eight-point drop from last year, is the smallest since 2012.
Double-digit asset gains boost aggregate funded ratio to 85% in 2019.
End-of-year equities rally boosts returns for pension plan portfolios.
Rising bond yields, strong asset returns bring funded ratio to near all-time high.