Investment Return Averages Compared to Assumed Rates of Return, 2001-2022
Equable Institute analysis of public plan valuation reports and ACFRs published as of June 2022. The average 10-year return for 2022 is based on estimated returns for the 2022 fiscal year as of June 2022. The average assumed return for 2022 is based on reported changes to assumptions to-date. Read the report.