Dunmore Pension Plan posts solid returns; board keeps higher cash allocation
Dunmore Pension Board was told the plan returned 4.47% year-to-date through May and 13.06% over 12 months; the board is holding roughly 14.5% of assets in cash earning about 5.35% and says the allocation reduces risk ahead of a possible market pullback.
The full story
At its June 11 meeting, the Dunmore Pension Board received an update showing the pension plan had a net-of-fees return of 4.47 percent through the end of May and a 12-month return of 13.06 percent.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in