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The Honolulu Advertiser

Posted at 3:21 p.m., Monday, May 8, 2006

Gov't retirement fund earns 4.8% in first quarter

Advertiser Staff

The Hawai'i Employees' Retirement System, which has about 100,000 members, beat its investment goals during the first three months of 2006, rebounding from a sub-par performance at the close of last year.

The pension system earned 4.79 percent during the January to March period, beating a performance target and putting it on track to meet investment goals for the year.