Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Alabama

TexasTowelie

(117,584 posts) Sat Dec 10, 2016, 05:06 AM Dec 2016

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

1 replies

= new reply since forum marked as read

Highlight:

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

(37,671 posts)

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

Reply to TexasTowelie (Original post)

Sat Dec 10, 2016, 01:10 PM

Dec 2016

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

Reply to this discussion