We offer institutional investment options in coordination with Act 96 that governs Pennsylvania County Level Pension Plans. FRS Capital helps the County Board of Commissioners with their power, discretion and fiduciary responsibility for investing the plan’s assets.
Our asset allocation modeling and coordination with actuarial assumptions helps the plan meet the projected investment rate of return at the lowest possible risk.
FIDUCIARY CONSULTATION
In addition to our investment management services for county plans, we offer fiduciary reviews for county pensions plans and the underlying plan investments.
PLAN SERVICES
Supporting our advanced asset management approach is an assortment of ancillary services for the pension committee and plan participants. FRS Capital management will:
- Assume the role of an investment fiduciary;
- Serve as a non-voting member of the pension committee - to provide consultation on Act 96 and other state and federal legislation governing the pension plan;
- Draft and help assure adherence to a comprehensive Investment Policy Statement (IPS);
- Monitor fees, performance and services of the asset class investment managers;
- Educate participants on terms, conditions and funding requirements of the plan(s).
- Compare plan ordinances, labor contract pension sections and actuarial reports to assure consistency on pension terms and conditions among these documents; and
- Assist in the state audit process