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NORTH ADAMS WAS TOP FUND IN '07 PDF Print E-mail
MAY 2008: Three local retirement boards, North Adams, Malden and Northampton, were the top three winners in our annual, unofficial, Pension Fund Investment Earnings Contest for Year 2007. 
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STATE'S PENSION FUND EARNED ALMOST 12% IN '07 PDF Print E-mail

MARCH 2008: Although the Commonwealth pension fund continued its run of double digit earnings for the fifth straight year in 2007, this January’s market dive raised concern among managers of pension funds everywhere. "Year 2007 was a good one for the State’s PRIT Fund," said Association President Ralph White. "January’s storm clouds were not completely unexpected, but we’ll recover," said the ever-optimistic White.

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Pension Funds At Work PDF Print E-mail
SEPT 2007 - This July, the Commonwealth’s pension investment board, PRIM, funded $50 million to the AFL-CIO Housing Investment Trust (HIT) as part of the Economically Targeted Investment (ETI) program. The HIT is headquartered in Washington DC. The firm has managed assets for US tax-exempt clients since 1984 and currently has 393 institutional investors, many of which are public pension funds.
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STATE PENSION FUND SEEKS LOCAL INVESTMENTS PDF Print E-mail
2007 JULY - ETI Policy Includes Real Estate - Ever since the Commonwealth’s pension fund (PRIT) adopted an Economically Targeted Investment (ETI) policy in 2003, the program has steadily grown, especially in the area of real estate.
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CLINTON TOPPED STATE IN '06 PDF Print E-mail

2007 JULY - Pension Fund Investments Earned 18.09% - According to data recently released by the Public Employee Retirement Administration Commission (PERAC), the Clinton Retirement Board had the highest pension fund investment return among our state's 106 retirement systems in year 2006.

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