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December 5, 2017

According to the State Investment Council, the market value of New Jersey’s pension system was $76.34 billion as of October 31. As of the end of October, returns were 4.03 percent since the current fiscal year began on July 1, according to information discussed during last week’s meeting. Calculated from the start of the calendar year on January 1, returns were 12.20 percent. The pension system's assumed rate of return for investments is 7.65 percent.

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