Local

South Dakota Retirement System Sound

Photo: clipart.com

South Dakota Retirement System Sound

The Board of Trustees of the South Dakota State Retirement System voted to move over six hundred thirty million dollars and apply it to unfunded long term liabilities. New board member, Lieutenant Governor Matt Michels says it sets South Dakota apart…

Michels says the move allows the system to reinvest future earnings…

Michels says having the system one hundred percent funded means security for those that depend on it…

There is about three hundred thirteen million dollars left in the systems savings account, and the total investment portfolio is now over nine point one billion dollars. The state retirement system has over seventy seven thousand members, with almost twenty four thousand getting payments.

 

Recent Headlines

in National

Ebola czar starts work, drugmakers launch vaccine drive

ebola

The Obama administration is ramping up its response to the potential spread of the virus.

in National, World

Canadian parliament attacked, soldier fatally shot

canadashooting

A gunman shot a soldier and then entered the country's parliament buildings, with at least 30 shots fired in dramatic scenes in the heart of the Canadian capital.

in National

U.S. farmers battling bugs

harvest

With record harvests depressing prices, farmers are using chemicals that protect stored grain from critters.

in National, World

Jeffrey Fowle, freed from N. Korea, back on American soil

fowle

U.S. Secretary of State John Kerry welcomed the release of one of three Americans held in North Korea.

in Agriculture

SDSU Farmers Union Club Sponsors Former Senator In Parade

NFU logo

The South Dakota Farmers Union’s collegiate club at South Dakota State University has decided to honor former U.S.Senator Larry Pressler…