Fiscal Year 2024 Investment Returns Help Drive System Assets to …

The median return for the Wilshire Trust Universe Comparison Service (TUCS) peer group of public pension funds with more than $1 billion in assets was 10.5% for year ended June 30, …

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Fiscal Year 2024 Investment Returns Help Drive System Assets To …

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The median return for the Wilshire Trust Universe Comparison Service (TUCS) peer group of public pension funds with more than $1 billion in assets was 10.5% for year ended June 30, …

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State Pension Funds Significantly Beat Expected Investment Returns

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Sep 16, 2024 · The Kentucky Public Pensions Authority (KPPA) announced that the average composite return for pension assets under management was 10.7% for the fiscal year ended …

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Kentucky Pension System Returns 10.7% In Fiscal 2024

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Sep 16, 2024 · The CERS hazardous and nonhazardous pension and insurance funds returned 11.7% in the fiscal year, while the Kentucky Retirement System, comprised of both KERS and …

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US. State Pension Funds Significantly Beat Expected Investment …

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Sep 17, 2024 · The median return for the Wilshire Trust Universe Comparison Service (TUCS) peer group of public funds with more than $1 billion in assets was 10.5% for year ended June …

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KPPA Pension And Insurance Returns Exceed Assumed Rates In All …

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Sep 16, 2024 · The Kentucky Public Pensions Authority (KPPA) announced that the average composite return for pension assets under management was 10.7% for the fiscal year that …

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Government Officials Newsletter

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KPPA Pension and Insurance Funds Combined Earned 25% Net Return in Fiscal Year 2021. The strong performance pushed total Kentucky Public Pensions Authority assets to $22.7 billion. …

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CERS, KRS, KPPA Name Board Chairs, Vice Chairs - Kentucky.gov

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The KRS board oversaw $7.7 billion in pension and insurance assets covering 144,238 active, inactive, and retired state employees and state police officers. The KPPA Board, which is …

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FAQs about Fiscal Year 2024 Investment Returns Help Drive System Assets to … Coupon?

What is the actuarial assumed rate of return for KERS pension funds?

The second chart shows the annualized investment returns for all plans for the fiscal year and the trailing 3-, 5-, and 10-Year periods. The actuarial assumed rate of return for the KERS Nonhazardous and State Police Retirement System pension funds is 5.25%; it is 6.25% for all other pension funds and all insurance trust funds. ...

Did KPPA's fund status improve In fiscal year 2021?

FRANKFORT, KY – Actuarial valuations conducted by KPPA’s actuary, GRS, show that the funded status of each of the 10 pension and insurance funds operated by KPPA improved in Fiscal Year 2021. Record investment returns well in excess of long-term expected rates of return across all funds helped drive asset growth. ...

What does a CERS & KRS Board of Trustees do?

The CERS and KRS Boards of Trustees are charged with the responsibility of investing their Systems’ assets to provide for the benefits of the members of the Systems. To achieve that goal, the Boards follow policies of thoughtfully growing their Systems' asset bases while protecting against undue risk and losses in any particular investment area. ...

Are CERS & KERS benefits tax deductible?

Monthly benefits from CERS, KERS, and SPRS are subject to federal income tax and these tax brackets are adjusted every year to account for inflation. The Internal Revenue Service raised thresholds for 2023, changing the amount of income that gets taxed at each rate. ...

Who is the president of Kentucky Retirement Systems (KRS)?

Kentucky Retirement Systems (KRS): Lynn Hampton was elected Chair of the KRS Board of Trustees, and C. Prewitt Lane was re-elected as Vice Chair during the Board’s annual meeting on April 12, 2022. ...

Who is a member of the Kentucky Retirement Systems Board of Trustees?

The eligible voters of the State Police Retirement System (SPRS) have elected to the Kentucky Retirement Systems Board of Trustees. Mr. Peercy will serve a four-year term, which began April 1, 2023. This will be Mr. Peercy's third term as a member of the Board. ...