NOTICE: A MEETING OF THE ILLINOIS POLICE OFFICERS’ PENSION INVESTMENT FUND
To be held on Wednesday, May 22, 2020 at 10:00pm.
You can view the agenda by clicking Here
Zoom Digital Platform
ZOOM Invite: Public invited through telephone, see agenda for details.
The U.S. Department of Labor is committed to protecting the health and safety of America’s workers, and providing resources to help workers and employers prepare for COVID-19 (also known as novel coronavirus).
The coronavirus (COVID-19) pandemic has caused tremendous human and economic hardship across the United States and around the world. The pandemic and the measures takento contain it have effectively closed some sectors of the economy since mid-March. Economic activity in the United States has contracted at an unprecedented pace, and the unemployment rate surged to 14.7 percent in April.
The disruptions to economic activity here and abroad have significantly affected financial conditions and have impaired the flow of credit. Policymakers in the United States and worldwide have taken extraordinary measures to strengthen the recovery once the health
crisis passes. The Federal Reserve quickly lowered its policy rate to close to zero to support economic activity and took extraordinary measures to stabilize markets and bolster the flow of credit to households, businesses, and communities. In addition, the U.S. Congress and
Administration rapidly enacted fiscal measures to support households and businesses. Taken together, these steps contributed to improved conditions that should boost the economic recovery when social distancing and other public health measures are able to subside.
Against this backdrop, this Financial Stability Report reviews the effect of the economic and market shocks associated with COVID-19 on U.S. financial stability to date and discusses the Federal Reserve’s response. While the financial regulatory reforms adopted since 2008
have substantially increased the resilience of the financial sector, the financial system nonetheless amplified the shock, and financial sector vulnerabilities are likely to be significant in the near term. The strains on household and business balance sheets from the economic
and financial shocks since March will likely create fragilities that last for some time. Financial institutions—including the banking sector, which had large capital and liquidity buffers before the shock—may experience strains as a result.
NOTICE: A MEETING OF THE ILLINOIS POLICE OFFICERS’ PENSION INVESTMENT FUND
To be held on Wednesday, May 13, 2020 at 2:30pm.
You can view the agenda by clicking Here
Zoom Digital Platform
ZOOM Invite: Public invited through telephone, see agenda for details.
Effective May 1, 2020, Executive Order 2020-32 extends many of the same requirements as the original stay-at-home order Governor Pritzker issued on March 20, 2020, including provisions on essential activities, essential travel, and social distancing.
New mandates include provisions designed to encourage social distancing and the wearing of face coverings and other personal protective equipment (PPE).
NOTICE: A MEETING OF THE ILLINOIS POLICE OFFICERS’ PENSION INVESTMENT FUND
To be held on Wednesday, May 8, 2020 at 10:00am.
You can view the agenda by clicking here
Zoom Digital Platform
ZOOM Invite: Public invited through telephone, see agenda for details.
The IPPFA was founded in 1985 as a not-for-profit organization whose mandate was to educate public pension fund trustees. In 2009 the IPPFA became the primary education provider for public pension fund trustees in the state of Illinois. Our members manage over eighteen billion dollars in pension assets.
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