Examples of Board of Investment in a sentence
The State Board of Investment, which manages the investments of PERA, prepares an analysis of the reasonableness of the long-term expected rate of return on a regular basis using a building-block method in which best-estimate ranges of expected future rates of return are developed for each major asset class.
The State Board of Investment, which manages the investments of PERA, prepares an analysis of the reasonableness on a regular basis of the long-term expected rate of return using a building-block method in which best-estimate ranges of expected future rates of return are developed for each major asset class.
The Board, by a vote of at least two-thirds of the trustees, may transfer investment management to the Illinois State Board of Investment, which is hereby authorized to manage these investments when so requested by the Board of Trustees.
The amendment directs forty percent of net proceeds from the Minnesota State Lottery, or approximately seven cents of every dollar spent on playing the lottery, into the ENRTF, where the money is then invested by the State Board of Investment for continued growth.
Once deposited into the ENRTF contributions become part of the principal balance and are invested by the State Board of Investment.