What We Do?

Pension Fund

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Pension Fund

  • Assets over a $1 billion, despite volatile markets
  • Success of investment program means lower cost of pension fund to City taxpayers through required contributions from the City as employer
  • No radical changes in investment philosophy or practice; we have maintained conservative, prudent stance; replaced weaker managers with stronger ones
  • Portfolio diversified to capture higher returns
  • Have maintained health and strength of pension fund as one of key components in City’s excellent bond credit rating
  • Hired senior investment professional to serve as Director of Investments
  • More than 40% of MERF trades placed through brokerage houses with local Hartford offices and emerging (female and minority-owned) firms

 

HARTFORD CITY HALL ADDRESS: 550 Main Street, Hartford, CT 06103 PHONE: (860)757-9311 HOURS: 8AM - 5PM