police_and_fire_retirement_system_minutes_august_2.pdf
Verus contract renewed for one year
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Description
Verus contract renewed for another year. They expect to be 100% funded on a market basis at 7/1/2025. Future sales tax contributions of $5 million are expected. Recommended adopting the 50% core and liquidity option which is 30% growth, 7.0% real assets, 13.0% credit, and 50% risk mitigation. The 10-year forecasted return is 5.7%.
Contract Details
Contract Amount
NA
Vendor
VERUS INC.
Agency
Springfield-Branson National Airport Board, MO
Contract Type
Service
Document Date
August 14, 2025
Contract Term
1 year
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