SDRS investments aren't reaching 6.5% target
Investments earned about 5% for the South Dakota Retirement System during the first nine months of the current fiscal year.
Source: keloland.com
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Inflation has grown much more than SDRS benefits
PIERRE, S.D. (KELO) — If you’re one of the roughly 33,000 people who receive monthly checks from the South Dakota Retirement System, chances are you’re losing ground. That’s because inflation has grown faster the past few years than the cost of living adjustments granted by the SDRS governing board. The board received a presentation Wednesday […]
Source: keloland.com
SDRS adjustment likely won't match inflation
PIERRE, S.D. (KELO) — People receiving pensions from the South Dakota Retirement System can expect a cost of living adjustment next year of approximately 1.9%. That’s according to Doug Fiddler, the system’s senior actuary. He delivered the estimate at the SDRS trustees meeting on Thursday. The estimate was based on 5.84% percent net gains that […]
Source: keloland.com
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Why the closure of Minden's ER may signal bigger problems ahead
Residents of Minden gathered to mourn an anchor of their community that they frantically tried to save. Other small towns wonder if they’ll be next.
Source: stcatharinesstandard.ca
State Retirement System: Balancing benefits, expenses and returns
The South Dakota Retirement System is tasked with providing stable benefits, staying fully funded and earning ...
Source: drgnews.com