March 16, 2010 — Pension & Investments reports on NIRS analysis of public plans investments, which returned an average 16% in 2009.

This means public plans outperformed private sector pensions by three percentage points largely becasue public plans maintained equity positions while private plans shifted to bonds.

“Public pension plans have avoided making drastic moves, largely staying the course through the recent market turmoil, and reaping the rewards of a patient, long-term approach to investing,” said the NIRS report.

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