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Public Pension Return Rates Lagging In States

 Investment returns for large public pension plans in the fiscal year that ended June 30, 2015 were significantly lower than the plans’ assumed rates of return, according to money management news source Pensions & Investments. The one-year return rates for 17 large public pension funds - including California’s CalSTRS and CalPERS - ranged from 2.0 percent to 5.4 percent, while the assumed rates for those 17 funds ranged from 7.0 percent to 8.0 percent.

 

Source: Pensions & Investments