Total Pension Plan Performance

The North Carolina Retirement System has a long-term objective of producing a return of 7.25 percent. Although the plan aims to produce this level of return over most three to five year periods, there have been periods in the past, 1973-1975 and 2000-2003, when a weak market environment made these levels of returns unattainable. However, in unusually robust environments, such as 1994-1999, it was possible to achieve returns above the long-term objective.

The returns are compound annual returns for one, two, three and five years. For example, if the fund were up 6 percent in the current year and 8 percent in the prior year, the one-year return would be 6 percent and the compound annual return for two years would be 7 percent. While return information is provided for shorter time periods, the three and five year periods are more meaningful since the North Carolina Retirement System is a long-term investor.

Pension Plan Performance as of June 30, 2006

Pension Plan Performance as of June 30, 2007

Public Equity Overview June 30, 2007

Fixed Income Overview June 30, 2007

Real Estate Overview June 30, 2007

Alternatives Overview June 30, 2007