June 21, 2016
The PERA Board of Trustees released the Comprehensive Annual Financial Report or CAFR for short. This annual report let’s us know how all of the divisions of PERA did over the last year. This year the release of the CAFR came with the news that PERA had gotten a 1.5% rate of return on their investments. While this is lower than the 30 year projected rate of return of 7.5% it is important to remember PERA is a long term investor and over 35 years they have a rate of return of 9.5%.