Generate Reports Q1 2026 Board Packet
Aggregating data
Skills
Generate Reports
Reconcile Data
Monitor Drift
Review Documents
Validate Fees
State Teachers' Pension Fund
$8.4B AUM
Q1 2026 Board Meeting · Data collection in progress · 75 managers
68
Received
7
Outstanding
3
Timing Breaks
8
Lagged NAV
Manager Reports via Backstop (68/75)
Public Equity (28) · Fixed Income (19) · Real Assets (6)
53 reports received, reconciled against State Street custodian
Complete
PE / RE Managers (23) · 15 current NAVs, 8 prior quarter
90-day lag flagged · Using Q4 2025 valuations for 8 managers
90-Day Lag
7 Outstanding Reports · Auto-reminders sent
3 hedge funds, 2 infrastructure, 2 private credit
Chasing
Custodian Reconciliation
State Street custody reconciled · 3 minor timing discrepancies
All within tolerance · Settlement date differences
Reconciled
Total Fund
$8.4B
Funded Status
87.3%
Actuarial Return
7.0%
Data aggregation complete
68 of 75 reports received · 8 lagged NAVs flagged
Generate Reports Assembling Board Deck
Building sections
📊 Executive Summary Generated
Performance vs. policy benchmark: +6.8% vs +6.2%. Funded status 87.3%, up from 85.1%. Liquidity adequate for 18 months of benefit payments.
⚖️ Asset Allocation + Drift Flagged
Actual vs. target with drift analysis. PE over-allocated 2.3% due to denominator effect. Public equity within bands. Fixed income underweight 1.1%.
📈 Manager Performance Grid Generated
75 managers color-coded. 12 underperforming vs. benchmark. 3 on watch list per IPS criteria. Performance attribution by asset class.
📑 GASB 67/68 Exhibits Generated
Net pension liability, discount rate sensitivity at 7.0%, plan fiduciary net position. Cross-referenced with Milliman actuarial report.
🏢 Alternatives Update Generated
Commitment pacing on track. Unfunded obligations: $1.2B. 8 managers using prior-quarter NAVs (flagged). Vintage year diversification chart included.
⚠ Policy Flag
PE allocation drift exceeds 2% threshold per IPS Section 4.2. Denominator effect accounts for 1.8% of 2.3% overweight. Recommend: document and monitor vs. forced liquidation.
⚠ Watch List Trigger
Manager XYZ: 3-year underperformance triggers watch list review per IPS Section 6.1. Trailing benchmark by 180bps cumulative. Peer rank: bottom quartile.
→ Routed to CIO
45-page deck assembled. 2 policy flags require CIO review before board distribution. All sections include data lineage per source.
Generate Reports Evidence Trail
Board-Ready
Board-Ready / Audit Trail Complete
Board Packet Summary
FundState Teachers' Pension
PeriodQ1 2026
Total Pages45
Managers Covered75
Data SourcesBackstop + State Street
CIO ReviewApproved
Compliance Documentation
GASB 67/68Documented
Alts ReconciliationLag dates noted
PE Drift FlagCIO acknowledged
Watch List ReviewScheduled
Audit Trail
  • 09:0068 manager reports ingested
  • 09:127 outstanding, reminders sent
  • 09:18State Street reconciled
  • 09:258 lagged NAVs flagged
  • 09:405 deck sections generated
  • 09:422 policy flags raised
  • 10:15CIO review complete
  • 10:20Board portal distributed
  • 10:22Read receipts tracking