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New Mexico pension funds miss return targets again
The New Mexico Public Employees Retirement Association and the Educational Retirement Board reported investment returns below long-term goals for the year ending June. The PE R A posted sub 1 percent results while the ERB earned 2.6 percent after fees, with long-term targets above 7 percent.
MENTIONED IN THIS ARTICLE
New Mexico
Santa FE
N.M
New Mexico Public Employees Retirement Association
Educational Retirement Board
U.S
Bob Jackson
Wayne Propst
Executive Direc
Tor
Public Employees Retirement Association
Propst
George Munoz
D-Gallup
Pension and Investment Oversight Committee
Munoz
Public Employees Retirement Association Board
Keith Brainard
National Association of State Retirement Administrators