Tag: Rate of Return
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Pension’s Rate of Return Plummets to 0.76%
This sounds like a problem: The pension fund for most public school teachers in Illinois generated just 0.76 percent in fiscal 2012, a big drop from the 23.6 percent rate of return in the previous fiscal year, the Teachers’ Retirement System reported on Thursday. … It is the long-term results that matter and the system’s…