Pensions
US Public Pension Funding Poised to Rebound in 2023 Reporting
However, only half of the state and local retirement systems exceeded their assumed rate of return for the year.
However, only half of the state and local retirement systems exceeded their assumed rate of return for the year.
The strong performance raised the National Pension Service’s asset value to approximately $740 billion.
Magnus Billing lost the confidence of the pension fund’s board, and Katarina Thorslund has been named acting CEO.