Month: June 2021
Official Notice of Transfer Date Delivered
An official Notice of Transfer Date was delivered to each Pension Fund on June 25, 2021. Each Pension Fund was assigned one of four transfer dates: October 1, 2021 November 1, 2021 December 1, 2021 January 4, 2022
FPIF Rule Makings Update
Amendment #1 to Rule 2021-02: Transfer of Assets The FPIF Board of Trustees adopted Amendment #1 to RULE 2021-02: Transfer of Assets. The amendment adds requirements to the Notice of Transfer Date, adds language for the determination of Transition Order, outlines the criteria to be included on Certified Investment Asset Lists, and adds language to ... FPIF Rule Makings Update
FPIF Investment Policy Adopted
FPIF Investment Policy The FPIF Board of Trustees adopted FPIF’s Investment Policy. The Investment Policy formalizes FPIF’s objectives, investment philosophy, and approach to portfolio oversight and risk management. It also establishes FPIF’s asset allocation. The asset allocation includes an interim and long-term asset allocation. The interim asset allocation includes a 30% allocation to fixed income, ... FPIF Investment Policy Adopted