In July, the board for the Oregon Public Employee Pension System (PERs) cut return assumptions from 7.2% to 6.9%.  The 6.9% return assumption was well above that recommended by the investment consultants Meketa Investment Group and the actuary for PERs Millman.  Meketa recommended a 6.6% assumption while Millman recommended 6.27%. According to NASRA, based on […] Read the full article…