US - The Teacher Retirement System of Texas' strong returns of 12.6% in the year ended September 30 has allowed the scheme to pay $9.7m in current and deferred bonuses to its staff.
The total value of the fund reached $100.3bn in September, up by $8.9bn from the same date in 2009. The fund has ranked first among its public pension fund peers with asset values of $10bn or more....
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
