TVARS Update – March 2020

TVARS staff and the TVARS Board are actively monitoring the financial markets, and are in ongoing discussions with our investment consultants and fund managers. TVARS wants to reassure TVA employees and retirees that TVARS has constructed a diverse portfolio that is designed to manage through these volatile times. We maintain liquid assets to ensure benefit payments will be made today and in the future, and we manage long-term to keep the Retirement System sound.

TVARS encourages employees to use the same principles in their 401(k) as used in the pension funds, to hold a diversified portfolio of assets, to remain disciplined by avoiding impulsive decisions based on fear and uncertainty, and to stay focused on their long-term goals and plan for achieving them.