ERB investment returns reach historical high

New Mexico's educational pension program reports strong investment returns during the past year and the fund's finances reached a historical high. 
The Educational Retirement Board said the pension fund had assets valued at more than $9.7 billion at the end of September. The previous high was $9.6 billion in September 1997, shortly before the state's pension and investment funds nosedived because of a global meltdown in financial markets.
 About 97,000 educators and retirees are covered by the pension program.

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