August 20 -- Pension Update
Sign-up today for your complimentary subscription to the State Net Capitol Journal to stay up-to-date on the latest news from America’s statehouses.
Editor: Rich Ehisen
Associate Editor: Korey Clark
Editorial Advisor: Lou Cannon
Contributing Editor: Mary Anne Peck
Graphic Design: Vanessa Perez Design
Ideas and suggestions are always welcome. Please let us know how we can improve your newsletter! We welcome your feedback.
State Net Sign-on Page
State Net Product Page
HomeSpotlight Story | Bird’s Eye View | Budget & Taxes | Politics & Leadership | Governors | Hot Issues | Once Around the Statehouse Lightly
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