La Jolla Real Estate, Del Mar real estate, Rancho Santa Fe Homes, Carmel Valley Real Estate, University City and
Downtown San Diego real estate, homes and condos for sale in California - Ruth Mills & the Mills Team, REALTOR.






Search the San Diego MLS
(includes all areas in San Diego County)



 January 11, 2007

San Diego County Retirement Association Receives Highest Credit Rating
San Diego - The County's retirement association has been given a credit rating firm's highest rating. The association manages an $8.4 billion fund which pays retirement benefits for County employees.
The AAA rating was issued by Standard & Poor's ratings service on January 3, citing that the Retirement Association's strong fund management and funding status as laudable.

The association was able to reduce its pension fund deficit by nearly one third down to $832 million. The association's goal is to eliminate all debt in a five year period.

The association has been able to pay down such a large portion of its deficit as a result of a fourth straight year of double-digit returns.

Back to Real Estate News

Search San Diego Real Estate