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Steve Russo

State pension funds top $30B in assets, a record

State pension funds top $30B in assets, a record

INDIANAPOLIS | A 13.7 percent investment return — more than double the 6.75 percent target — helped grow the assets of the Indiana Public Retirement System to an all-time high of $30.2 billion during the 2014 budget year that ended June 30.

September 20, 2014 11:15 pm Related

Gov't employee retirements not tied to annuity change

INDIANAPOLIS | Indiana is seeing a retirement surge among state and local government employees and teachers this year, but it appears a state-ordered change to an optional retirement benefit isn't what's driving workers to end their careers.

August 26, 2014 6:00 pm

Pension officials ignore legislative opposition to annuity privatization plan

INDIANAPOLIS | State pension officials refused Friday to back off their plan to privatize annuity payments for retired state and local government employees, despite a strong legislative recommendation that they reconsider.

October 25, 2013 10:35 am

Ind. government employee pensions recoup most stock losses

INDIANAPOLIS | The pension fund for Indiana government employees has recouped nearly all of its losses from the 2008-09 stock market dip.

August 03, 2011 12:59 pm
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