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Managing Director - Operations, Benefits Daybright Financial
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2017 NCPERS Public Retirement Systems Study (PDF)
National Conference on Public Employee Retirement Systems [NCPERS]
Feb. 2, 2018 39 pages. "The market value of fund assets now exceed the actuarial value of assets for the 2017 respondents ... [A]ll responding funds report the total cost of administering their funds and paying investment managers is 55 basis points.... [F]unds that participated in both 2016 and 2017 show a drop to 52 basis points.... The average investment assumption is 7.5 percent.... [E]mployer contribution rates have risen from 18 percent of fund income in 2016 to 22 percent of fund income." MORE >> |
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