The SBI provides a broad range of investment options to Volunteer Fire Relief Associations, Statewide Volunteer Firefighter Plan, and Other Public Retirement Funds. The Statewide Volunteer Firefighter (SVF) Plan is different in that it invests in a Fund with a diversified allocation to four asset class groups and the Plan is administered by Public Employees Retirement Association (PERA). Where the Volunteer Fire Relief Associations and Other Public Retirement Plans are responsible for selecting the investment options for their own plans.
The Volunteer Fire Relief Associations and Other Public Retirement Plans are eligible to invest in the Asset Class Pools offered in the Supplemental Investment Fund (SIF) Platform and the Money Market Fund. The Stable Value Fund is not an eligible option.
The Statewide Voluntary Firefighter Plan uses the Volunteer Firefighter Account, a diversified fund invested in U.S. equity, international equity, fixed income, and cash.