{{ The fund jumped by 15% during the 2026 fiscal year, adding $11 billion to the total in a single year, according to statistics released by state treasurer Erick Russell. The fund stood at $73.7 billion when the fiscal year ended on June 30 but has continued to climb since then.
The statistics show a remarkable turnaround from the days when the pensions were 35% funded after previous governors and state legislators failed for nearly 70 years to place enough money into the funds. In the coming months, the pensions could be close to 70% funded, officials said. }}
The Governor also says they would have been better off in an index fund, rather than paying all these high priced investment managers.
intercst