For Immediate Release: July 10, 2017
Contact: Marty Karlon, Public Information Officer, (603) 410-3594; [email protected]
CONCORD, NH – In an effort to inform stakeholders and other interested parties, the New Hampshire Retirement System has developed “NHRS … Now You Know,” a series of issue briefs designed to provide plain talk about some of the major topics concerning the retirement system.
The latest issue brief, “The bottom line on alternatives,” is now available at: https://www.nhrs.org/now-you-know
Here is an excerpt: “Even to someone with a limited background in finance, stocks, bonds, and real estate investments are fairly straightforward. However, ‘alternative’ investments can easily be misunderstood and could appear to seem exotic, or even scary … However, NHRS, with a 15% allocation, treats alternative investments as just one of several components of a sound, diverse investment portfolio designed to serve the long-term needs of its members, retirees, and beneficiaries.”
NHRS provides retirement, disability, and death benefits to its eligible members and their beneficiaries. The State of New Hampshire and nearly 470 local government employers participate in NHRS for their employees, teachers, firefighters, and police officers. NHRS has approximately 48,000 active members and 33,000 pension recipients. NHRS administers a defined benefit plan qualified as a tax-exempt entity under sections 401(a) and 501(a) of the Internal Revenue Code.
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