The new school year is fast approaching. This executive director update highlights some things to consider in the upcoming school year. This update includes a PDF update from me along with a PowerPoint that highlights important dates in a member's service milestones in ATRS. Many members have watched the market downturn in the past two weeks. The stock markets' value has declined 15% in the last two weeks. Broad markets were down 6.5% just today. Despite these loses, ATRS remains strong and has plenty of time for the markets to return to normal prior to June 30, 2012, the valuation date that ATRS will use for this fiscal year's actuarial valuation. The ATRS Board has brought the system through choppy waters before and will do so again this time. I have provided some analysis about the markets and the ATRS Trust Fund as part of this update.
If you have questions or need more information, please feel free to call me on my direct line at (501) 682-1820 or my cell (501) 318-5998, or email me at . In addition, if you use Twitter, you can follow events by finding the Twitter ID of ATRS or find George Hopkins in the Twitter directory. On Twitter, you will have access to day-to-day updates on ATRS happenings. Also remember that you can go to the ATRS website at www.artrs.gov and sign up to get these updates automatically on your public or private email address, or both. Over 2,500 people have already signed up to receive this email and other ATRS information via this list.
Click on the following documents for more information