Conclusion of the Transition Period

The statutory Transition Period ended on June 30, 2022. The conclusion of the Transition Period did not have an effect on the tranche of assets scheduled to transfer July 14, 2022. FPIF has now transitioned 289 of the 296 Article 4 pension funds, or 98% of Article 4 pension funds. Beginning July 15, 2022, FPIF will accept only cash contributions from pension funds made in accordance with the FPIF cash management policies.