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Retirement system records gains during quarter

Associated Press - November 19, 2009 11:24 AM ET

LITTLE ROCK, Ark. (AP) - The rising stock market has raised the value of the Arkansas Public Retirement System's investments.

Investment consultant John Krimmel told system trustees Wednesday that the investments rose in value from $4.3 billion to $5 billion in the quarter that ended Sept. 30. The increase does not fully restore the $5.6 billion investment value the system had before the recession and stock market declines.

Information from: Arkansas Democrat-Gazette, http://www.arkansasonline.com

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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