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Tennessee Consolidated Retirement System finishes FY21 with historic 25% investment return

The Tennessee Consolidated Retirement System wrapped up the fiscal year, ending June 30, 2021, with a historic 25.6% investment return, the fourth highest annual percentage return TCRS has experienced since its consolidation in 1972.The record-high annual earnings represent over $13.6 billion in new investment income added to the portfolio in a single year. The TCRS portfolio value stood at $65.3 billion, as of the close of FY21. TCRS paid $2.8 billion in benefits to 148,025 retirees across the . ....

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