City Employee Pension Fund Board Meeting (Apr. 28, 2026)

The City Employee Pension Fund Board held a meeting on April 28, 2026, to review the pension fund's financial performance and discuss investment strategies. The fund's market value was reported at approximately $40.6 million as of March 31, 2026, with a 60/40 equity to fixed income allocation. The board reviewed quarterly returns, noting volatility due to geopolitical events and market fluctuations. Investment managers reported on portfolio performance, active management strategies, and fee structures, with fees around 50 basis points. The board discussed the possibility of adjusting asset allocations, including increasing equity exposure or adding liquid diversified real assets, and agreed to schedule a separate educational meeting to explore these options further before making any decisions. No new contracts or procurement actions were taken during this meeting.