[EVO X]

The pensions of state government workers have dropped like a stone along with the rest of the market and have little prospects for significant growth in this era.

The NJ numbers while big aren't really out of line for crash like we have had. The S&P 500 is down 50% while the NJ pension fund is down 30%.

The biggest problem these state pension funds have is the state coming in and borrowing on what is left and paying it back with crappy bond issues..

[Salvey]

The S&P 500 is down 50% while the NJ pension fund is down 30%.

Let's give this guy a testimonial dinner for beating the indexes.

[Kackikat]

My question is “why in the hell are state government pension funds” doing in the stock market? I believe that the pension funds should be in treasure bonds or safer inverstments, that is like taking your paycheck to Las Vegas Casinos...unbelievable.