CREF 2021 knows that COVID-19 has disrupted everyone’s lives. And although 2020 has been difficult in ways we never could have anticipated, we feel hopeful that medical advances will help curb the COVID-19 pandemic so that in 2021, we will find ourselves returning to a safer, more socially fulfilling life. That includes meeting once again, face to face, in the fall. While we recognize that conditions might worsen before they improve, everyone at CREF sends you their warmest wishes for a better New Year.