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"There are No New Stories" - A Message from Todd

Dear Members,

This past summer, while discussing some changes in my personal life, a wise person told me, “Todd, there are no new stories.” What he meant was: where you are now, others have been there before; you are just experiencing it for the first time.

And while this is the first time the market has entered correction territory during my tenure as President, it is not Pension Fund’s first time. As an institutional investor, we are guided by board-directed investment policies and guidelines focused on the long-term, informed by our experience, and focused on ensuring our asset allocation appropriately manages risk. Regardless of market highs or lows, we remain disciplined, focused, and committed to our long-held investment strategy—there are no new stories!

As we enter our 125th year of service, know that we remain grateful for the opportunity to steward you on the Road to Financial Wellness, ensuring you have a Strong, Smart, and Secure retirement.

Sincerely,

Todd A. Adams
President and CEO