Get News Updates RSS RSS Feed
General
Entertainment
Home Improvement
Professional Services Directory
Classified Ads
News October 11, 2008
Search Archives

COUNTY PENSION FUND OKAY

With America's fiscal crisis deepening, many people are growing more concerned about their retirement savings.

Among those are current and former employees of Potter County, who have paid into the county's pension fund and are counting on that money to see them through their retirement.

Investment manager C. S. McKee, which is responsible for investment decisions for the $9 million Potter County Employee Pension Fund, recently assured retirees that the low-risk nature of the county's investments has limited the fund's exposure to many of the factors that have caused the value of others to plunge.

McKee said the county's portfolio has no exposure to Lehman Brothers, Fannie Mae or Freddie Mac's troubles.

C. S. McKee will soon issue a third-quarter summary of the Retirement Fund's performance and status. Afterwards, a representative will attend a meeting of the Potter County Retirement Board, open to the public, to further discuss the fund and answer questions.
Reader Comments
No comments have been posted. Be the first!


Other Stories With Comments:
ArticleComments
Photo1
Grant Hart 1
Electronic license sales nearing 1
Word by Word1
CHARGED WITH MANSLAUGHTER 1
SNOMOBILING GIVING AREA ECONOMY BOOST 1
THE NEW WORLD OF NEWS 1
'THE MERC' LAUNCHED 1


Click ads below
for larger version