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Nevada only pays $13 Million to run its $35 Billion pension fund!

Wed, 26 Oct 2016 05:06:24 GMT

A recent article in the Wall Street Journal is getting some attention - as it reports that Nevada only pays $13 million to run its $35 billion Pension Fund.  To put this in perspective; North Carolina pays 12 times as much, even after you take account of the size differences in the plan. So how does Nevada keep costs so low?   The answer is simple: the plan is indexed. Not only are the costs super low, the performance is pretty good.   Ron Elmer runs the numbers and finds that...