US - Indiana Public Employees Retirement Fund (PERF) reached an almost 100% funding level at the end of fiscal year 2007, beating its annual investment benchmark and targeted return rate.
The fund stood at 99.8% funded at the end of June 2007 having grown US$2.5bn (€1.7bn) to US$17.5bn (€11.9bn) over that fiscal period, according to its annual report. Terren Magid, PERF executive d...
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
