The Wyoming Retirement System (WRS) is aware of the current COVID-19 health situation and turbulence in the financial market. We want to assure you that WRS has the ability to continue operations and that your benefits are built on long term strategies. Your pension is safe.
- The WRS portfolio is well-diversified and professionally managed.
- Some components are defensive -- designed to decline less or even prosper in market downturns. Last week when the S&P 500 was down 15%, WRS was down less than 7%.
- The portfolio has sufficient safe assets and interest generating components such that WRS can pay your monthly pension for years without selling any stocks.
- Market volatility is an opportunity to obtain high-quality assets at good prices.
- Such market declines illustrate the value of a pension, providing a lifetime income insulated from such events