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2016 NCPERS Public Retirement Systems Study (PDF)
National Conference on Public Employee Retirement Systems [NCPERS] 
Jan. 12, 2017 39 pages. "Responding funds report the total cost of administering their funds and paying investment managers is 56 basis points ... a decrease of four basis point from 2015.... Almost 40 percent of responding funds have lowered their actuarial assumed rate of return, and nearly an additional 30 percent are considering lowering in the future.... Aggregated 10-year returns are reported at 6.2 percent.... The aggregated average funded level is 76.2, up from 74.1 in 2015 and 71.5 in 2014." MORE >> |
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