E-Board Gets Report On State Retirement System, Investments

E-Board Gets Report On State Retirement System, Investments

PIERRE — The South Dakota Retirement System and trust funds are dealing with the Wall Street roller coaster. State Investment Officer Matt Clark updated the legislatures Executive Board on how the funds are doing…

Clark says they are also careful with the state trust funds…

Clark says the state backed 529 college investment fund is not doing well…

The state retirement system has over nineteen billion dollars invested.