Ala. teachers' pension fund gains 26 percent

MONTGOMERY, Ala. (AP) - Retirement Systems of Alabama says its
Teachers' Retirement System posted a gain of nearly 26 percent on
investments for the year that ended March 31.

Retirement Systems chief executive David Bronner said Tuesday the report is a reasonably good one.

The teachers' system covers about 230,000 active and retired teachers and other public education employees.

The TRS fund had $16.91 billion in stocks, bonds and other assets on March 31.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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