Weathering the Storm Together
The economy and financial markets have begun to show “signs of life” and recovery with the recent U.S Commerce Department announcement on Gross Domestic Product for the 2009 third quarter and investment market gains since March 2009. Many economists predict however that economic outlook for the US over the short term will continue to remain challenging; but will recover over time.
The Richmond Retirement System (RRS) holds a long term perspective by managing a well diversified pension fund that is well positioned to take advantage of any gains in the financial markets. While no one can predict the future, the RRS remains committed to serving and providing pension benefits for its eligible City employees.
Planning Your Retirement
Retirement planning for financial success is an ongoing process that will take time, career patience, and strategy. Many self-help tools are located throughout our Internet website to help you with this process. Our benefit calculator, access to other retirement planning sites, and electronic forms with instructions are specifically designed to make it simpler for you to create a financial plan for retirement.
I encourage you to revisit our website for news updates and to get the latest information regarding the Retirement System
Best regards,
Philip R. Langham
Executive Director