Financial markets have been weak in 2020, with the Standard & Poor’s 500 Index (S&P 500) at -20% year-to-date. (As a reminder, this follows a +31.5% performance in 2019).
During this time when the Pension Boards physical offices are closed:
March 18, 2020
In this Q&A, the Pension Boards outlines how we continue to manage our business through the current situation related to COVID-19. We want to assure you that we are monitoring the situation, responding quickly, collaborating internally and externally, and that all our management practices and process are intact.
March 16, 2020
Dear Friends,
Our thoughts have been with you, our members, as we live into the changing daily realities arising from the COVID-19 pandemic. Whether it has been the suspension of worship services in your congregation, school closings affecting your children, or social distancing from others, all of us are being impacted in some way by this public health crisis.
March 16, 2020
The Pension Boards-United Church of Christ has announced the temporary closing of its offices at 475 Riverside Drive effective today and for a period of up to three weeks, due to the varying degrees of severity and complexity of COVID-19 in New York City and surrounding areas.
March 15, 2020
The U.S equity market peaked on February 19, 2020, with the Standard & Poor’s Index of 500 stocks (S&P 500) reaching 3,386, and subsequently correcting to 2,480 on March 12, 2020, a 26.75% drop in merely three weeks. Moreover, volatility has been extreme, with circuit breakers (causing a pause in trading) hit twice in the cash market and twice in the futures market in one week.
New York, March 15, 2020 – The Pension Boards-United Church of Christ today announced the temporary closing of its offices at 475 Riverside Drive, for a period of up to three weeks, due to the varying degrees of severity and complexity of COVID-19 in New York City and surrounding areas.
Health Advocate has provided a video to help address the emotional and mental health effects related to this changing situation.
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