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Does the pension fund invest 35% or 45% in separate accounts, mutual funds and individual equities?

April 26, 2017accounts equities fund individual invest Mutual funds Pension separate

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Does the pension fund invest 35% or 45% in separate accounts, mutual funds and individual equities?

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Attorney General opinion dated July 15, 1998, states that funds in excess of $2.5 million can invest 35% in addition to 10% allowable in separate accounts/mutual funds. If 45% is invested, at least 10% of that amount must be in separate accounts/mutual funds.