The Josiah Bartlett Center for Public Policy today released a new paper tracking investment returns for the New Hampshire Retirement System. The report, authored by Policy Analyst Joshua Elliott-Traficante shows that return on investment for the NH Retirement System tended to follow the broader stock market and has, on average, outperformed the S&P 500 over the last two decades.
"From 1990 to present, the S&P has averaged a return of 7.69 percent, where the NHRS has seen 9.29 percent. Put another way, the NHRS outperformed the S&P 500 in 13 of the last 22 years. Of the years that the NHRS underperformed, half were by less than 3 percentage points," according to the report. While those returns appear to beat the market, the state is in the middle of the pack compared to other public pension systems.
The report also noted, "As the data shows, System returns have been in the middle of the pack. Returns have stayed well within the range of similar systems, usually near the average."
To read the FULL REPORT, go to dl5.activatedirect.com/fs/d:l/10fb1uovcjxtvey/10u6bitdpanmdp6/3 For more information or to arrange an interview with Joshua Elliott-Traficante, contact Grant Bosse at (603) 748-3659 or grantbosse@jbartlett.org.
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