(The Center Square) â Kentucky lawmakers received an update this week on the state of several public pension programs during a meeting of the Public Pension Oversight Advisory Board.
The Kentucky Teacher Retirement System (TRS) reported growth of 3.44% on its investments for the quarter. While that fell below the benchmark of 3.75%, it still ranked among the top half of gainers across the country, according to Beau Barnes, the TRS deputy executive secretary and general counsel.
Barnes, according to a release from the Kentucky House Majority Caucus, told the board that private equity investments performed well. However, international investments faltered as the TRS portfolio focused on growth stocks.