PERSI Performance         

Employees could have different investments outside of work – real estate holdings, rental properties, stocks, bonds, mutual funds, and more. However, we all have one thing in common as state employees – the Public Employees Retirement System of Idaho (PERSI).

PERSI has historically had some very good years, and that has still been the case lately:

* 10.32% Current Fiscal Year-to-date return (July 1, 2017-present)
* 12.25% investment return last Fiscal Year (July 1, 2016-June 30, 2017)
* $17.9 Billion total fund value

PERSI was created in 1963 by the Idaho Legislature to provide secure, long-term pension benefits for public employees. The system is funded through investment income, and employer and employee contributions. It serves about 145,000 members, retirees and beneficiaries. In fiscal year 2017, PERSI paid out more than $836 million in benefits.

 

Published 01-19-18