Investment Performance of Pension Funds and Public Pension Reserve Funds
During 2009, pension funds experienced a positive real investment rate of return of 6.5% on average. Despite this recovery, by 31 December 2009 their asset values were still on average 9% below their December 2007 levels. In 2009, public pension reserve funds regained the ground lost during the 2008 crisis. By the end of 2009, the total amount of PPRF assets was on average 7.3% higher than at the end of 2008, and 13.9% higher than in December 2007.
No Supplementary Data
Document Type: Review Article
Publication date: 2011-03-01