Police & Fire Pension Fund Investment Performance
St. Clair Shores
Summary
The pension board moved $1.6 million to cash by trimming two overweight funds, following its consultant's advice amid a rocky market with ten-year treasury yields above 5%. The cash covers upcoming pension payouts through roughly February 2027.
At a glance
- Total mentions
- 3
- Last 30 days
- 2
Rising — discussed at 3 meetings since Sep 15, 2026, up from 0 in the two months before.
Impact analysis
$1.6 million moved to cash from two funds to cover upcoming pension benefit payments.
General city employees drawing or awaiting pension benefits get assurance their payouts are funded.
Mentions & discussions (3)
Police & Fire Pension/Health Care Trust - Oct 29, 2026
The pension board reviews how the retirement fund for the city's police officers and firefighters performed through September 30, 2026. Strong returns help keep future pension costs stable for the city; weak returns can raise the city's contribution burden down the road.
General Employees Retirees Health Care Trust - Oct 20, 2026
This board manages the health care trust benefits for the city's retired general employees, including investment performance and trust expenses. Its quarterly reports and invoice approvals affect how well the fund covers retiree benefits.
General Employees Pension Board - Sep 15, 2026
The pension board moved $1.6 million to cash by trimming two overweight funds, following its consultant's advice amid a rocky market with ten-year treasury yields above 5%. The cash covers upcoming pension payouts through roughly February 2027.
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