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Posted on: July 23, 2018, 1:01 p.m.
WEST SACRAMENTO, Calif. (AP) — California's teacher pension system says its investments surpassed the earnings target for the second straight year. The California State Teachers Retirement System reported Friday that its investments returned 9 percent in the fiscal year that ended June 30. The nation's second-largest public pension fund had just under $224 billion in assets on that date. Fund managers seek to earn 7 percent per year on investments. The returns were driven by double-digit earnings in public and … Full investment news articleRelevent to this post: California State Teachers' Retirement System,