Benefit Tweak Could Be Catalyst Behind Wave of Retirements in Indiana

The Indiana Public Employees Retirement Fund (PERF) says it’s seeing a 35 percent increase in retirements this year, and the Teacher’s Retirement Fund (TRF) is projecting a 10 percent increase, as well. The exact reason behind the surge is unknown, but the retirements have coincidentally timed with a benefit cut that took effect October 1. From ...
Balancing The Account

Indiana Pension Fund Assets Hit Record High

Recent data revealed that assets of the Indiana Public Retirement System (INPRS) hit at all-time high of $30.2 billion in 2014. Fund officials attribute the record to “great” investment returns. The fund returned 13.7 percent in fiscal year 2013-14, which ended June 30. That number falls well short of what the S&P 500 returned over the same ...
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