User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


80° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

SD Retirement System Has Good Investment Return

February 11, 2013, 4:19 PM

SD Retirement System Has Good Investment Return
PIERRE, SD -

Officials say the South Dakota Retirement System is in good financial shape after earning 12.4 percent on investments through the first seven months of the financial year.

State Investment Officer Matt Clark says the system now holds assets of more than $8.5 billion, up from $7.8 billion at the start of the financial year last July.

Rob Wylie, executive director of the Retirement System, says the system is about 98 percent funded, in much better shape than most other public pension plans in the nation. That means its assets are about 98 percent of the value of all potential future benefits to be paid to retirees in state and local agencies.

The system has more than 75,000 members, and most are still working in state government, local governments and schools.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Hy-Vee Announces Updates To Sioux Falls Stores

5/27/2015 10:24 AM

There are big plans for the seven Hy-Vee grocery stores in Sioux Falls.

Full Story
Flights Cut/Airfares Rise Out of Sioux Falls

5/26/2015 10:10 PM

Just last summer, KELOLAND News reported that more people were flying Frontier. The discount airline had daily flights to Denver that were more than 9...

Full Story | Watch
Ford Recalls Nearly 423K Vehicles For Power Steering Problem

5/27/2015 3:06 PM

Ford is recalling nearly 423,000 cars and SUVs in North America because the power-assisted steering can fail while they're being driven.

Full Story
Women's Clothier Torrid Coming To Empire Mall

5/26/2015 1:35 PM

Construction is scheduled to begin in July, and the store plans to open in early fall. 

Full Story
Sioux Falls Named Third Most Livable City For People Over 50

5/21/2015 2:30 PM

AARP cites Sioux Falls' 25-mile walking and biking trail that loops the entire city, offering views of the historic core, as one of the reaso...

Full Story


Events