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January 19, 2020
IAFF Local Newswire
 
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Updated: Jan. 19 (08:00)

Local 21 Regrets To Announce The Passing Of Retired Captain Tim Pleau
IAFF Local 21
Colorado Avalanche/858 Discount tickets
Denver Firefighters Local 858
Jim Smith Named State Fire Marshal
Minnesota Professional Fire Fighters
Bruce West Named Assistant Commissioner of Public Safety
Minnesota Professional Fire Fighters
Governor Walz Appoints Tom Thornberg To PERA Board
Minnesota Professional Fire Fighters
Union Office Closed
Denver Firefighters Local 858
 
     
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Omaha police and fire pension board firm on 8 percent return
Posted On: Dec 21, 2012
Omaha police and fire pension board firm on 8 percent return

After taking criticism for overly optimistic expectations, Omaha's police and fire pension board passed a resolution Thursday saying it stands by its practice of planning for annual investment returns of 8 percent.

“It bugs me when people try to grab headlines based on concepts that, over time, have been solid,” said Aaron Hanson, a pension board member and former head of the police union.

The board points to its historical returns to defend the figure. Since 1980, the fund has returned an annualized 9.4 percent. In that context, the expected return is conservative.

 

for full story - Omaha police and fire pension board firm on 8 percent return


 
 
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