Feb. 24, 2021 – The Ohio Public Employees Retirement System posted double-digit investment returns in 2020, topping our assumed return rate in both the Defined Benefit and Health Care funds.
The OPERS Defined Benefit Fund returned 12.02 percent last year, compared to the target return of 7.2 percent. The Health Care Fund increased by 10.96 percent, compared to the target return of 6.0 percent.
Four asset classes led the strong absolute returns: U.S. Equities, Non-U.S. Equities, Private Equity and Treasury Inflation Protected Securities, commonly referred to as TIPS. Other bonds also had a strong year, as core fixed income securities returned more than 9 percent, and U.S. Treasuries topped 8 percent for the year.
Author(s): Michael Pramik
Publication Date: 24 February 2021
Publication Site: Ohio Public Employees Retirement System