Over the last decade, New Jersey’s pension investments have out-performed those of similar public pension fund. But in more recent years, New Jersey’s performance has fallen off. Although its returns have climbed into double-digits, it hasn’t kept pace with its peers.
Here’s a closer look at the New Jersey’s pension returns over the last four years:
2012 was a down year for nearly every pension fund. But New Jersey managed to perform better than its peers on that occasion. Otherwise, the last four years have been marked by under-performance.
Chart 1 credit: New Jersey Treasury Department
Chart 2 credit: International Business Times