The Pennsylvania Public School Employees’ Retirement System (Penn PSERS) has announced a positive 2.28 percent preliminary fiscal year investment return for the period ending June 30 — the top return for this period among its public-pension peers tracked by Aon Investments.
PSERS’ preliminary net return places it among the top five net returns of 80 U.S. pension funds that reported June 30 fiscal year net returns. PSERS’ three-year and five-year preliminary returns were top decile among its public-pension peers in the Aon peer database.
“Given the market turbulence over this past fiscal year, I am extremely proud of PSERS returns and the associated hard work and planning by all involved in the investment process,” said Robert Devine, interim CIO at PSERS.
