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Editorial | Letters

State lags in building affordable housing

  • STAR-ADVERTISER

    “We’re beating our assumed rate of return (investment target), we’re outperforming our policy benchmark (a combination of different indexes that correspond with ERS investments) and we’re outperforming the majority of pension funds in our (peer) universe.”

    Vijoy Paul Chattergy

    Interim chief investment officer for the state Employees Retirement System

Bravo to the state Employees Retirement System for earning 13.4 percent this past year and now having a total of $15.6 billion in assets (“State retirement fund gains 13.4 percent,” Star-Advertiser, Aug. 15). Read more

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