Agenda item details
*Review, Discussion and Consideration of the ERS Pension Experience Study, including Actuarial Assumptions and Methods, the Return Assumption and Asset Allocation
- Number:
- 23/2020
- Department:
- Investments
- Description:
- *Review, Discussion and Consideration of the ERS Pension Experience Study, including Actuarial Assumptions and Methods, the Return Assumption and Asset Allocation (Action – BOT only)
- Recommendation:
- Move that the Board of Trustees of the Employees Retirement System of Texas adopt the actuarial valuation assumptions for the 2020 Pension Experience Study based on recommendations from the system’s independent consulting actuary as presented in Exhibit A attached to Agenda Item 11.
I further move that the Board adopt a long-term, nominal return assumption of ___%.