Calstrs Should Cut Assumed Return to 7.5%, Actuary Recommends - Bloomberg

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Calstrs Should Cut Assumed Return to 7.5%, Actuary Recommends Bloomberg The California State Teachers' Retirement System, the second-largest US public pension, should lower its assumed annual rate of return to 7.5 percent from the current target of 7.75 percent, its actuary said. The board of the $144.8 billion fund is ... and more »