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Alabama

TexasTowelie

(111,905 posts) Sat Dec 10, 2016, 06:06 AM Dec 2016

1

Investments for teachers' pension fund earn 10% for year

Investments by the Alabama Teachers' Retirement System earned 10.4 percent during the fiscal year that ended Sept. 30, up sharply from the 1.04 percent the previous year.

Officials said the report was good news.

"What happened is we moved the decimal point one place to the right," State Treasurer Young Boozer said.

Boozer is a member of the TRS Board of Control. The investment earnings numbers were released at a board meeting today.

Read more: http://www.al.com/news/birmingham/index.ssf/2016/12/investments_for_teachers_pensi.html

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Investments for teachers' pension fund earn 10% for year (Original Post) TexasTowelie Dec 2016 OP

So who cares if we're losing teachers ? We've got MONEY, dammit ! eppur_se_muova Dec 2016 #1

eppur_se_muova

(36,247 posts)

1. So who cares if we're losing teachers ? We've got MONEY, dammit !

Reply to TexasTowelie (Original post)

Sat Dec 10, 2016, 02:10 PM

Dec 2016

Just don't let any of the working class have any.

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