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N.H. Retirement System Makes $900 Million In 2014

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NHRS Data
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  The New Hampshire Retirement System saw more than $900 million in investment returns added to its trust fund in the last fiscal year. That’s a return of 17.6%.

The state retirement system was holding $7.3 billion at the close of the 2014 fiscal year. That’s up from $6.5 billion in FY-2013.

Retirement system spokesman Marty Karlon says it’s exceeding its annual goals but the unfunded liability isn’t expected to be resolved until 2039.

“Right now we’re on a 30-year mortgage, if you will, to pay down the unfunded liability. And so these returns, while handy in the short term, aren’t going to have a significant impact on the funded ratio of the plan.”

The retirement system has about 50,000 active members and 30,000 pension recipients.

Before becoming a reporter for NHPR, Ryan devoted many months interning with The Exchange team, helping to produce their daily talk show. He graduated from the University of New Hampshire in Manchester with a major in Politics and Society and a minor in Communication Arts. While in school, he also interned for a DC-based think tank. His interests include science fiction and international relations. Ryan is a life-long Manchester resident.

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