SD Retirement System pays off unfunded obligations | The Daily Republic
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SD Retirement System pays off unfunded obligations

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PIERRE (AP) -- The South Dakota Retirement System has used investment earnings on its assets to pay off the system's unfunded obligations.

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The Retirement System earned 19 percent on investments of its assets in the year that ended June 30. That left the system nearly 104 percent funded, meaning its current assets exceed all benefits earned to date.

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