We, as representatives of the
National Association of State Retirement Administrators and the National
Council on Teacher Retirement wish to publicly express our support of
and confidence in the U.S. financial markets and its financial systems.
Specifically:
1. As trust fund
fiduciaries we support the efforts of federal officials and stock exchange
officials and members to re-open the markets in an orderly manner. In
our view, time is not of the essence but orderliness is. Orderly markets
protect the future retirement of the millions of state, county, city,
agency, teacher, police and fire employees represented by our plans.
2.
We have unqualified confidence in the U. S. financial systems
and in the resilience of the U.S. financial markets.
3.
We, as Institutional investors, will continue to provide stability
in the U.S. financial markets. We will remain patient long-term providers
of capital.
4.
We remain confident in the underlying strength of the U.S. economy.
5.
We urge all other investors to remain calm when the markets reopen.
6.
We join all of America in offering our condolences to the families,
friends, and business colleagues who were personally affected by this
horrible tragedy.
Signed,
Tom Anderson, Executive
Director, School Employees Retirement System of Ohio
Sheila W. Beckett,
Executive Director, Employees Retirement System of Texas
Alan Belstock, Executive
Secretary, Denver Public School Retirement System
Dr. David G. Bronner,
Chief Executive Officer, Retirement System of Alabama
John Brosius, Executive
Director, Pennsylvania State Employees’ Retirement System
Gary Bruebaker, Chief
Investment Officer, Washington State Investment Board
James Burton, Executive
Director, California Public Employees’ Retirement System
Glenda Chambers, Executive
Director, Louisiana State Employees’ Retirement System
Bill Christopher, Director,
Indiana State Teachers' Retirement Fund
Steve Cochrane, Director,
North Dakota Retirement and Investment Office
J. Sparb Collins, Executive
Director, North Dakota Public Employees Retirement System
David Craik, Pension
Administrator, State of Delaware Office of Pensions
Glenn Deck, Executive
Secretary, Kansas Public Employees Retirement System
Steve Edmonds, Executive
Director, Oklahoma Public Employees Retirement System
Dale Everhart, Pennsylvania
Public School Employees Retirement System
Gary Findlay, Executive
Director, Missouri State Employees’ Retirement System
Jerry Fox, Director,
Wyoming Retirement System
Jim Hacking, Executive
Director, State Universities Retirement System of Illinois
Laurie Hacking, Executive
Director, Public Employees Retirement System of Ohio
Gary Harbin, Executive
Secretary, Kentucky Teachers Retirement System
Eric Henry, Executive
Director, New Hampshire Retirement System
Tom Herndon, Executive
Director, Florida State Board of Administration
Betty S. Ireland, Executive
Director, West Virginia Consolidated Public Retirement Board
Frank J. Karpinski,
Executive Director, Employees' Retirement System of Rhode Island
Karen Kilberg, Executive
Secretary, Minneapolis Teachers' Retirement Fund Association
William H. Leighty,
Director, Virginia Retirement System
Thomas R. Lussier,
Executive Director, Massachusetts Teachers Retirement Board
Danny Joe Lyle, Director,
New Mexico Educational Retirement Board
Michael Mory, Executive
Secretary, State Employees' Retirement System of Illinois
James D. Mosman, Chief
Executive Officer, California State Teachers’ Retirement System
Michael J. O'Connor,
Executive Director, Montana Public Employee Retirement Administration
George Philip, Executive
Director, New York State Teachers Retirement System
George Pyne, Executive
Officer, Public Employees' Retirement System of Nevada
Frank Ready, Executive
Director, Mississippi Public Employees’ Retirement System
Gregg Schochenmaier,
General Counsel, Iowa Public Employees' Retirement System
William Schwartz, Executive
Secretary, Missouri Local Government Employees Retirement System
Dave Senn, Executive
Secretary, Montana Teachers’ Retirement System
Bill Shirron, Executive
Director, Arkansas Teacher Retirement System
Terry Slattery, Executive
Director, Public Employees Retirement Association of New Mexico
Craig Slaughter, Executive
Director, West Virginia Investment Management Board
Michael Smith, Director,
Omaha School Employees’ Retirement System
Carroll South, Executive
Director, Montana Board of Investments
Horatio Sparkes, Executive
Director, New York City Board of Education Retirement System
Eric Stanchfield, Secretary,
Wisconsin Department of Employe Trust Funds
Jay Stoffel, Executive
Secretary, Duluth Teachers’ Retirement Fund Association
Gail Stone, Executive
Director, Arkansas Public Employees Retirement System
Anna J. Sullivan, Executive
Director, Nebraska Public Employees Retirement Systems
Al Van Noord, Chief
Investment Officer, State of Michigan
Peter Vaughn, Executive
Director, Maryland State Retirement and Pension System
Jim Voytko, Executive
Director, Oregon Public Employees Retirement System
Eugene Washbush, Secretary-Treasurer,
St. Paul Teachers Retirement Fund Association
Cynthia Webster, Director,
Vermont State Retirement System
Meredith Williams,
Executive Director, Colorado Public Employees Retirement Association
Michael Williamson,
Director, North Carolina Retirement Systems
AlanWinkle, Executive
Director, Idaho Public Employee Retirement System
M. Steve Yoakum, Executive
Director, Missouri Public School Retirement System
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