Pension Funds
Financial Snapshot
Investment Guidelines
Municipal Reports
Proxy Voting
State Reports
Teacher Reports
Retirement Systems Executive Office Financial Management Press and Clippings

Teacher Pension Fund Financial Reports

Investment Performance Analysis

The Investment Performance Analysis provides a thorough analysis of the Teacher Pension Fund. The report covers the overall fund, as well as the individual portfolios that comprise the fund. The analysis looks at criteria such as: asset growth, asset allocation, performance, rates of return, market cycle performance comparision, risk, return vs. risk, turnover, diversification and holdings.

Financial SnapshotsComplete Reports
 
2007 December: Fourth Quarter2007 December: Fourth Quarter
2007 September: Third Quarter2007 September: Third Quarter
2007 June: Second Quarter2007 June: Second Quarter
2007 March: First Quarter2007 March: First Quarter
2006 December: Fourth Quarter2006 December: Fourth Quarter
2006 September: Third Quarter2006 September: Third Quarter
2006 June: Second Quarter2006 June: Second Quarter
2006 March: First Quarter2006 March: First Quarter
2005 December: Fourth Quarter2005 December: Fourth Quarter
2005 September: Third Quarter2005 September: Third Quarter
2005 June: Second Quarter2005 June: Second Quarter
2005 March: First Quarter2005 March: First Quarter
2004 December: Fourth Quarter2004 December: Fourth Quarter
2004 September: Third Quarter2004 September: Third Quarter
2004 June: Second Quarter2004 June: Second Quarter
2004 March: First Quarter2004 March: First Quarter
 2003 December: Fourth Quarter
 2003 September: Third Quarter
 2003 June: Second Quarter
 2003 March: First Quarter

Actuarial Valuation

Vermont Statutes Annotated, Title 16, Chapter 55, Section 1942, Subsection (n) requires that an approved actuary make an annual valuation of the System's assets and liabilities. The purpose of the actuarial valuation is to determine the financial condition of the retirement fund and the required state contribution to the System. The System's consulting actuary also does other special studies related to new or proposed legislation.

2007 Actuarial Report

2006 Actuarial Report

2005 Actuarial Report

2004 Actuarial Report

2003 Actuarial Report

2002 Actuarial Report

2001 Actuarial Report

Other Reports

2007 Post Retirement Benefits Analysis

2006 Post Retirement Benefits Analysis

2005 Post Retirement Benefits Analysis

2004 Post Retirement Benefits Analysis

2002 Experience Study

Underfunding Reports

Transmittal Letter

Report of the Commission on Funding the Vermont
State Teachers' Retirement System

2005 Underfunding Review

2004 Underfunding Report

State Teachers Retirement System