CONNECT WITH WMAY
Greg Bishop Greg Bishop
9:00am - 12:00pm
Bishop On Air

Contact Me

My Blog

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Google
Custom Search
April 24, 2014, 9:34 am
970 WMAY News

Steep Drop in TRS Fund Returns


The Teachers Retirement System says it’s not panicking, despite a sharp decline in its rate of return on its investments.

 

The pension fund had a return of less than one-percent on its investments in the past fiscal year.

 

In the previous fiscal year, its return had been above 23-percent.

 

TRS officials say such investments cannot be evaluated one year at a time, but must be looked at over the long run, and notes that its 20-year average return on investment is well over 7-percent, close to its projections.

News Video

On Air Video


Facebook Fans


@WMAYSpringfield
LinkedUpRadio Envisionwise Web Services