Objectives

Our mission is to manage the assets of the plan prudently while achieving long-term risk-adjusted net returns that, over time, exceed market benchmarks and our actuarial assumed return on the investment portfolio while maintaining the liquidity necessary to fund net benefits and operations.

Our long-term goal is to become fully funded by earning our actuarial return assumption and encouraging a responsible funding policy. Over the years, the fund has made significant progress in achieving a healthy funded ratio. Below is a chart that shows the funded ratio over the last thirty years.