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GERS trustees accept treasurer and investment reports; plan assets about $512 million, May cash deficit reported
Summary
The Government Employees Retirement System board of trustees approved the minutes and accepted the treasurer's and investment officer's reports at its regular virtual meeting on June 18, 2025, trustees said.
The Government Employees Retirement System board of trustees approved the minutes and accepted the treasurer's and investment officer's reports at its regular virtual meeting on June 18, 2025, trustees said.
The reports showed total plan assets of approximately $512,000,000 as of May 31, 2025, and a net cash deficit for May of $11,700,000. The fiscal-year-to-date position showed a net cash surplus of about $4,200,000, the treasurer reported.
The treasurer, identified in the meeting as Miss Jeremiah (Chief Financial Officer), told trustees that total collections for May were $14,402,828 and total disbursements were $26,104,093. Year-to-date collections were…
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