Contact Us

Retirement System has Good Investment Return

South Dakota Capital Building
National Park Service

PIERRE – 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.

More Political News from KSOO-AM

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More Local News

Latest Rock Report

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://b1027.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on B102.7 - Sioux Falls Classic Rock quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on B102.7 - Sioux Falls Classic Rock quickly by logging in with your Facebook account. It's just as secure, and no password to remember!