KDLT Home KDLT on Facebook KDLT on Twitter Get the KDLT iPhone App Get the KDLT Android App

SD Retirement System Has Good Investment Return



Bookmark and Share

Officials say the rising stock market has helped the South Dakota Retirement System's assets earn 14.9 percent on investments through the first nine months of the current financial year.


Retirement System Executive Director Rob Wylie says if that level of investment return holds through the end of the financial year, the system will be fully funded by June 30. That would mean its assets are 100 percent of the value of all potential future benefits to be paid to retirees.


The Retirement System held nearly $8.8 billion in assets as of March 31.


State Investment Officer Matt Clark says returns so far this year are good, but his office's success must be measured over the long term.


The Retirement System has 75,000 members, and most are still working.


< Prev Story Back To Top Next Story >
     

SF Sets New Building Permit Record: $610M  story with video

The City of Sioux Falls will be ringing in the New Year with a new multi-million ...

Woman Gets DUI In Hamlin Co. Crash

Authorities say a Bryant woman was driving under the influence when she crashed her car into a utility ...

Search Resumes For AirAsia Jet

Officials say ships and planes are resuming their search for AirAsia Flight 8501 ...

High Demand For Gift Cards During Holidays   story with video  Dec. 28

Update: SF Police Investigate Armed Robbery  Dec. 28

Family Says Hartford Man Died From Flu  Dec. 28

SFPD Arrests Man For Sunday Morning Murder  Dec. 28

Walmart Buys Unused & Unredeemed Gift Cards  Dec. 28

Data: Iowa School Buses Flagged For Safety Issues  Dec. 28

South Dakota Stores See Sales Spike From Tax Break  Dec. 28

South Dakota December Hog Inventory Up 4 Percent  Dec. 28

SD State Parks To Host First Day Hikes  Dec. 28

SF Police To Take Underprivileged Children Bowling  Dec. 28

Grants Available For Youth Conservation Education  Dec. 28

Mammoth Site Scientists Help Study Rare Bison  Dec. 27

1 Dead, 2 Injured In Corson Co. Collision  Dec. 27

Recent Snowfall Causing Delays & Scares   Dec. 27

Hamlin Co. Deputy: "No Ice Is Safe Ice"   story with video  Dec. 27

Hendricks Residents Welcome New Theater  story with video  Dec. 27

1 Dead, 1 Injured In Collision Near Philip  Dec. 27

KDLT News Archive
     

Family Says Hartford Man Died From Flu

An elementary school counselor from West Central ...

2 Dead In Rollover Crash Near Marion

Two people are dead following a rollover crash in southeast South ...

Hendricks Residents Welcome New Theater  story with video

Moviegoing is the number one leisure activity in the U. S. , attracting ...

SFPD Arrests Man For Sunday Morning Murder  Dec. 28

1 Dead, 1 Injured In Collision Near Philip  Dec. 27

1 Dead, 2 Injured In Corson Co. Collision  Dec. 27

Hamlin Co. Deputy: "No Ice Is Safe Ice"   story with video  Dec. 27

SF Apartment Fire Starts In Trash Can  Dec. 27

KDLT News Archive
     

SDSU's Upset Bid At UNI Falls Short

CEDAR FALLS, Iowa – For the second time in as many games, South Dakota ...

Coyotes Crush Milwaukee

VERMILLION, S. D. —South Dakota junior guard Casey Kasperbauer made ...

PARKSTON CLASSIC: Ethan Outlasts Sully Buttes  story with video

PARKSTON, S. D.   --  Shrugging off a slow start, 4th-ranked Ethan outlasted ...

MIKE MILLER CLASSIC: Washington Rolls While Mitchell Falls  story with video  Dec. 27

Stampede Rally Past Fargo In Shootout  story with video  Dec. 27

Skyforce Snap Austin's 10-Game Win Streak  story with video  Dec. 27

ENTRINGER CLASSIC: Madison & Deuel Win Nailbiters  story with video  Dec. 27

KDLT Sports 2014 Bloopers Of The Year  story with video  Dec. 26

KDLT Sports Stories
     
Back To Top