Loss big, so pension fund taps governments for more
Posted: August 20, 2009 at 5:34 a.m.
The value of the investments of the Arkansas Public Employees Retirement System plummeted about $1.3 billion last fiscal year amid a recession and a stock market downturn, the system's investment consultant reported Wednesday.
This story is only available from the archives. Click here to contact the online desk.
Front Section, Pages 1, 8 on 08/20/2009
(Advertisement)
« Previous Story
Rogers homebuilder is fined $513,740
A penalty of more than $500,000 assessed against Cooper Land Development Inc. is the largest of its kind in Arkansas and part of a national crackdown on storm-water contain... Read »
Next Story »
Metropolitan's parent gets sanctioned by Fed
The Federal Reserve has sanctioned the parent company of Metropolitan National Bank of Little Rock, a move that was expected after another federal agency penalized the bank... Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.