Coronavirus Resources for Schools

Financial Picture – Current Estimates | March 31, 2020 7 Strategic asset allocation $355.62 billion current assets – 4% current investment returns Global Equity - Market Cap Weighted 35% Global Equity - Factor Weighted 15% Private Equity 8% Fixed Income - Long Treasuries 10% Fixed Income - Long Spread 15% Fixed Income - High Yield 3% Real Asset 13% Liquidity 1%

• CalPERS & COVID-19:Preparedness & Resiliency for Our Employer Partners
• CalPERS' COVID-19Priorities
• Three Key Priorities
• Better Prepared than 2008
• Investments
• Employers
• Financial Picture –Current Estimates | March 31, 2020
• Strategic asset allocation
• Prepared for the Market Downturn
• Reaction to COVID-19 in the Public Markets
• Unprecedented Monetary & Fiscal Response to COVID-19
• Have a Plan & Follow the Plan
• How Investment Losses are Amortized –Public Agencies
• How Investment Losses are Amortized –Schools
• Sample Employer Impacts with 2% Return
• Volatility of Returns with Potential Funded Status of Plans
• Potential Employer Contributions –Sample Misc. Plan
• Potential Employer Contributions –Sample Safety Plan
• Potential Employer Contributions –Schools
• Funded Status of Individual Plans
• Shifting Landscape of Employer Finances
• Options Exist, But Are Limited
• Operating principles
• Pension laws govern decision-making
• Finding ways to be flexible
• What You Need to Know –Personnel & Reporting
• CalPERS Contact Information & Resources
• Financial Assistance Inquiries
• Operational Questions
• References and Resources
• Q & A
• Our Commitment to You