State Pension Fund Returns Ranked for 10-years Ending 6/30/13

As a follow up to my previous three posts on September 22, October 12, and October 18 I've ranked our US states by pension fund investment returns.  I found 10-year investment returns for 34 of 50 state pension funds and ranked them as of June 30, 2013.  

The Wilshire TUCS median return for public pensions for ten years is 7.4%.  

As is typical, my home state of North Carolina can be found near the bottom of the table with a 6.6% 10-year annualized return.  Using a basic time value financial calculator, I estimate North Carolina's under-performance versus the median public pension return has cost tax payers approximately $6 billion the past 10 years.

		10-yr
Rank	State	Return
1	WA	8.3%
2	LA	8.2%
3	MA	8.1%
4	KS	7.9%
5	ID	7.9%
6	IA	7.8%
7	PA	7.7%
8	IL	7.7%
9	VA	7.6%
10	NY	7.5%
11	WV	7.5%
12	FL	7.4%
13	RI	7.4%
14	AZ	7.4%
15	MI	7.4%
16	NJ	7.3%
17	TX	7.2%
18	CA	7.2%
19	NH	7.2%
20	NE	7.2%
21	MS	7.2%
22	VT	7.1%
23	ND	7.1%
24	ME	6.9%
25	NV	6.8%
26	MO	6.7%
27	KY	6.7%
28	MD	6.6%
29	MT	6.6%
30	NC	6.6%
31	NM	6.4%
32	TN	6.2%
33	IN	5.9%
34	SC	5.0%