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[M-O] Largest Funds.(Brief Article)
Pensions & Investments, January, 2000
Tags: asset, Benefits, BGI, Company, equity
[M] Maine State Retirement System ($ millions) Total assets 6,564 Defined benefit 6,562 Defined contribution 2 DEFINED BENEFIT PLAN: Employer contributions 412 Benefit payments 326 Asset mix: Domestic stocks 49.6% Domestic fixed income 35.1% Foreign stocks 15.3% AUGUSTA, Maine -- As of Sept.
30, the Maine State Retirement System's total employee benefit assets increased 15.6% from a year earlier. Defined benefit assets increased 15.6% during the same period; defined contribution assets increased 50%. During the past year, the fund terminated its contract ...
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