So I just read news about the PFRS pension numbers.......The State - TopicsExpress



          

So I just read news about the PFRS pension numbers.......The State Investment Council met this week and disclosed that our pension investments are earning double what managers expected. Four years ago the pension fund balance was $66 billion. In the last four years it has grown by $35 billion despite the State failing to pay its obligation. Experts told the investment council that if the current rate of return on investments continued, we would have no pension debt at all. It appears the system does work....well that is if both parties meet their obligations and stop playing games.
Posted on: Sat, 26 Jul 2014 11:51:46 +0000

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