The Sacramento Bee reports the good news that SCERS, with a 16.5% investment return last year, continues to grow stronger, and that SCERS’ strong investment performance since the 2007-2009 market collapse — 12.3% annually — has substantially reduced the impact of the market collapse on employer pension costs over the last five years.

Read the SCERS' investment report referenced in the Bee article (the ‘2013 Investment Year in Review’).