Tuesday, June 9, 2015

why illinois municipal retirees fund does so well - Google Search

Yes, Virginia and all you ships at sea, there is a public employees retirement fund in Illinois that is fully funded, earned 6.1 percent in 2014 investments ($2.1 billion), has $35 billion total, and 1982-2014 had an annualized total fund return of -- are you listening? -- 10.24 percent.

It's IMRF, the Illinois Municipal Retirees Fund, which is doing very well indeed in these days of inadequate funding, perils-of-Pauline existence, and inadequate funding. This fund is funded, believe it or not.

why illinois municipal retirees fund does so well - Google Search