Posts by Ray Heck
Milestones met, goals set at PFRS
PFRS Report As we navigate through these challenging times, the PFRS Trustee Board continues to maintain the posture of stabilizing and growing the fund. To do this, we must look…
Read MoreProgress and projections
PFRS Report At our March meeting, Jonathan Scarpa of Segal presented the summary for the fund’s Governmental Accounting Standards Board (GASB) 67 and 68 Reports. These are the governmental accounting…
Read MoreA productive month for the PFRS board
PFRS Report We started the February meeting by welcoming our newest member of the board, Retired Members Trustee Stephen Trowbridge. He has been onboarded with the required training and is…
Read MoreA year-end progress report
PFRS Report As we wind down another year, we can look back and see the progress the PFRS Trustee Board has made. Further, the way the board has responded to…
Read MoreBoard is in full swing for fall
PFRS Report As we end the summer, the board continues to move in full swing to address the many issues that revolve around our system. We covered a number of…
Read MoreThe policy investment statement is a go
PFRS Report While the May board meeting was relatively short, some good information and action was taken. The biggest thing was the trustee board adopting the policy investment statement. This…
Read MoreMilestones achieved for the PFRS
PFRS Report As we entered our January board meeting, one couldn’t help but think of the 36 prior meetings. This month’s meeting started the same way as it did some…
Read MoreProgress in a challenging year
PFRS Report As we get to the close of another year, it’s always best to reflect on the good and the bad that we experienced throughout the year. This allows…
Read More‘We’re doing ok’
PFRS Report As we start to look toward the sunset of the COVID pandemic, we anticipate our new office opening in October. We will then be able to provide more staff who will be…
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