NEWS RELEASE: Coronavirus/COVID-19 Update

While you have likely seen recent communication regarding the coronavirus on the market, we wanted to take the opportunity to provide you with a brief update on our plan. Our priorities are your health and safety, the safeguarding of your assets, ensuring that we are doing everything to navigate turbulent markets and deliver the investment results you need, and protecting the health and safety of our employees. As we continue to monitor the spread of the coronavirus (COVID-19), we want to reassure you the office is continuing to operate in an orderly and disciplined way.

No one likes to have downturns in the markets or their retirement portfolios, but declines are a vital part of market cycles, and we are working very hard to navigate through to get in the best position coming out of this downturn.

Remain focused on what you can control when it comes to your retirement savings…your contribution amount, and the frequency at which you invest funds into your retirement account. When markets are down, it is an opportunity to build up investments at a lower cost.

While we are following the recommendations of the CDC, we understand if you prefer to postpone planned visits to the offices or face-to-face meetings at this time. Our technology allows our office to effectively work remotely as needed and communicate via video or conference call. Please feel free to reach out to our office should you wish to make alternative meeting arrangements.


The Board of Retirement is committed to minimizing any disruption to you, and we will continue to provide you updates as appropriate.


In Him,

John Brummitt, President and CEO