Blair County Employee Retirement Fund Reports Results
Last updated 5/28/2020 at 12:37pm
The Blair County Retirement Board on May 15 released a review of the Blair County Employee Retirement Fund’s investment performance report for the first quarter of 2020.
The retirement board consists of commissioners Bruce Erb, Laura Burke, and Amy Webster, Controller A.C. Stickel and Treasurer James Carothers. The board met recently with Pat Wing of Marquette Associates, Inc. to conduct the review.
The fund had an investment return of -12.7 percent for the quarter (net of investment management fees). It outperformed its policy benchmark by 0.6 percent (-12.7 percent vs. - 13.3 percent)....