Wednesday, October 23, 2013

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

As a follow up to my previous three posts on September 22October 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%





Friday, October 18, 2013

State Pension Fund Returns Ranked for 3-years Ending 6/30/13

As a follow up to my previous two posts on September 22 and October 12, I've ranked our US states by pension fund investment returns.  I found 3-year investment returns for 39 of 50 state pension funds and ranked them as of June 30, 2013.  

The Wilshire TUCS median return for public pensions for three years is 11.5%.  

As is typical, my home state of North Carolina can be found 4th from last in the table.


Rank State   3-yr Return
     1 MN 13.0%
     2 MS 12.7%
     3 IL 12.6%
     4 AZ 12.6%
     5 NH 12.4%
     6 KS 12.2%
     7 MT 12.1%
     8 DE 12.1%
     9 NE 12.0%
    10 GA 12.0%
    11 NY 11.9%
    12 LA 11.9%
    13 MI 11.9%
    14 OR 11.9%
    15 MO 11.8%
    16 NV 11.8%
    17 CO 11.7%
    18 TN 11.6%
    19 FL 11.5%
    20 TX 11.4%
    21 NM 11.4%
    22 WA 11.3%
    23 ND 11.3%
    24 MA 11.3%
    25 CA 11.3%
    26 IA 11.1%
    27 ME 11.0%
    28 RI 10.6%
    29 NJ 10.6%
    30 VA 10.5%
    31 VT 10.5%
    32 PA 10.4%
    33 ID 10.2%
    34 AK 10.2%
    35 MD 10.0%
    36 NC 9.9%
    37 KY 9.8%
    38 SC 9.3%
    39 IN 8.4%


Saturday, October 12, 2013

State Pension Fund Investment Rankings 2013

As a follow up to my previous post on September 22, I've ranked our US states by pension fund investment returns.  I found 1-year investment returns for 47 of 50 state pension funds and ranked them as of June 30, 2013.  

In the table below, you can click on the state abbreviation to link to the pension fund website. You can also click on the return figure to reach the source document for the reported returns. 


Rank State Return
     1 SD 19.5%
     2 AR 15.6%
     3 NH 14.5%
     4 MN 14.2%
     5 KS 14.0%
     6 OH 13.7%
     7 ND 13.5%
     8 MS 13.4%
     9 GA 13.3%
    10 NM 13.3%
    11 IL 13.2%
    12 FL 13.1%
    13 AZ 13.1%
    14 MT 13.0%
    15 WV 12.8%
    16 MA 12.7%
    17 NE 12.7%
    18 OR 12.7%
    19 LA 12.6%
    20 MO 12.6%
    21 CA 12.5%
    22 NV 12.4%
    23 WA 12.4%
    24 NY 12.3%
    25 MI 12.2%
    26 HI 12.0%
    27 OK 12.0%
    28 VA 11.8%
    29 NJ 11.8%
    30 CT 11.5%
    31 WI 11.2%
    32 DE 11.1%
    33 ME 11.1%
    34 RI 11.1%
    35 KY 11.0%
    36 AK 10.9%
    37 CO 10.6%
    38 MD 10.6%
    39 TX 10.2%
    40 IA 10.1%
    41 SC 10.0%
    42 TN 9.9%
    43 NC 9.5%
    44 ID 9.1%
    45 VT 8.8%
    46 PA 8.0%
    47 IN 6.0%

Returns for Alabama, Utah, and Wyoming were no where to be found.