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Murrysville pension fund posts double-digit return, outperforms peers
Murrysville Borough Council · February 6, 2025
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Summary
Pension consultant Chris Brokaw told Murrysville Borough Council the retirement fund met long-term policy goals, returned 11.47% in 2024 and held $31.8 million in assets as of 12/31/2024 — outperforming a public-plan peer group and averaging 8.21% over five years.
Chris Brokaw, who presented a brief annual update to Murrysville Borough Council, said the borough’s pension fund met its long-term investment objectives and outperformed comparable public plans.
"In 2024, it returned 11.47%," Brokaw said, adding that the fund ranked in the top 10% of peer public plans and produced…
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