Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Wilshire: Pension fund 10-year annualized return 8.3%; Q4 outperforms policy amid rebalancing
Summary
Wilshire Advisors told the San Francisco retirement board the fund returned an annualized 8.3% over 10 years, the funded ratio is about 95%, and the portfolio outperformed its policy benchmark in the fourth quarter as staff continues a multi-year rebalancing toward the board’s strategic allocation.
Wilshire Advisors presented fourth-quarter performance for the retirement fund at the San Francisco Retirement Board meeting, telling commissioners the portfolio’s 10-year annualized return was about 8.3% and the fund’s market value was roughly $36 billion.
The portfolio’s funded ratio stood at about 95% and the firm highlighted a negative spending ratio of roughly 3.1%, a measure the board said it is monitoring as staff manages liquidity and benefit payments. Tom Toth of Wilshire Advisors said the fund “performed…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
