To: joesbucks
What was this pension fund invested in to only get 1.5% and target only 6%?
Democrats
7 posted on
06/23/2016 7:35:22 AM PDT by
Nailbiter
To: Nailbiter
That was a good return compared to the average pension fund for the Year 2015. The average of Big plans was 0.9% (Milliman). The target is not a yearly number but a number they believe reflects what they can compound at over longer term horizons. The average Corporate fund target (large plans) is around 7.25% so they have more conservative assumptions.
15 posted on
06/23/2016 10:30:51 AM PDT by
bt-99
("Get off my Lawn")
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