Blair County: Changes Made to Retirement Fund 'Beneficial'

Blair County announced on Feb. 14 that changes made to the Blair County Employee Retirement Fund in 2018 have “proven beneficial.”

The Blair County Retirement Board, consisting of commissioners Bruce Erb, and Ted Beam and Treasurer Jim Carothers and Controller A.C. Stickel, recently met with Pat Wing of Marquette Associates, Inc. to review the Blair County Employee Retirement Fund’s 2018 fourth quarter Investment Performance Report.

The fund outperformed its policy benchmark for the fourth quarter of 2018 by 0.4 percent. The fund also ranked in the top 33 percent in a national database of publ...