Focus on strategic asset allocation, active asset management, diversification and long-term returns safeguards pensions of contributors and beneficiaries who dedicate their professional lives to public service Highlights: 10-year net annualized return of 8.9% led to $11.3 billion in cumulative net investment gains above Reference Portfolio Five-year net annualized return of 9.3% led to $4 billion in cumulative net investment gains above Reference Portfolio One-year return of 18.4% marks best net