CalSTRS lowers expected return rate to 7 percent by 2018
Feb 1 (Reuters) - The California State Teachers' Retirement System (CalSTRS) voted late Wednesday to lower its annual expected return rate from 7.5 percent to 7 percent by 2018. [Source]
Publication Date:Origin: reuters.com
Category: bondsNews
Topics: percent, return, annual expected, lower, voted, (CalSTRS), Retirement System, Teachers', State, California, (Reuters), expected, lowers, CalSTRS
Source: http://feeds.reuters.com/~r/reuters/bondsNews/~3/2cHHSZIOne0/california-pensions-rate-idUSL1N1FN00R