REPORT SHOWS STRONG INVESTMENT RETURNS FOR OP&F
A report from Evaluation Associates conducted for the Ohio Retirement Study Council (ORSC) highlights the strong performance of the Ohio Police & Fire Pension Fund’s (OP&F) investment portfolio. The report, presented to the ORSC on June 30, is a semi-annual study of investment performance at Ohio’s five public retirement systems examining periods ending Dec. 31, 2010.
The report indicates that OP&F was the top performer among Ohio retirement systems for the six-month, one-year, three-year, five-year and ten-year periods. Also, in all but the six-month period, OP&F outperformed its benchmark return by a wider margin than did all the other Ohio pension funds.
The Evaluation Associates report also indicates:
OP&F FINANCIAL PRACTICES GIVEN CLEAN AUDIT
The independent firm Clark Schaefer Hackett again audited OP&F its report to the Board of Trustees in June declared that all practices and statements were in order and appropriate in 2010. The letter declaring this “clean” audit is included in the 2010 Comprehensive Annual Financial Report, which is available online at www.op-f.org.
OP&F’s investment portfolio value:
Board of Trustees Committee Notes
(Motions approved by the Board are listed separately)
At its June 2011 meeting, the OP&F Board of Trustees passed the following motions:
Next Board of Trustees Meetings: July 26-27, 2011
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