CALPERS http://ripr.org en Raimondo: Pension Fund up by 11%, but Vulnerable to Economic Crises http://ripr.org/post/raimondo-pension-fund-11-vulnerable-economic-crises <p>Rhode Island’s pension fund earned a return on its investment of a little more than 11 percent for the fiscal year that ended June 30th. But state Treasurer Gina Raimondo is sounding a warning about the future of the state’s pension plan.</p><p></p><p>The 11.1 percent earned by the state pension fund is a big improvement over the 1.4 percent return a year earlier. Still, Rhode Island fared a bit worse than the 12.5 percent earned by the country’s largest public employee pension system, CALPERS, over the same period.</p> Wed, 24 Jul 2013 19:17:52 +0000 Ian Donnis 18952 at http://ripr.org Raimondo: Pension Fund up by 11%, but Vulnerable to Economic Crises