Elk County retirement fund posts strong first‑half returns, chief clerk says

Jul 27, 2026

Chief clerk Patrick Straub reported a six‑month return of 21.56% and a plan balance of $37,784,293 as of June 30, 2026; the board was told the actuary’s 2026 ADC estimate was $630,000 while a performance‑driven ADC was cited as $417,736.

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Patrick Straub, chief clerk and board secretary, told the Elk County Retirement Board that the plan’s balance ‘‘as of 06/30/2026, our land balance stands at $37,784,293.’’ He said the fund produced a six‑month rate of return of 21.56%, which he described as “tremendous given the composition of our portfolio.”

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