Blair County Employees' Retirement Fund Holds Up In a Challenging Quarter

The Blair County Retirement Board (the “Board”), consisting of Commissioners Bruce Erb and Laura Burke, along with Treasurer Jim Carothers and Controller A.C. Stickel, recently met with Pat Wing of Marquette Associates, Inc. on Nov. 12 to review the Blair County Employee Retirement Fund’s (the “Fund”) Investment Performance Report for the third quarter of 2021.

The Fund had an investment return of 0.0 percent for the quarter (net of investment management fees), slightly outperforming its policy benchmark return of -0.1 percent. The performance placed the Fund in the top 24 percent in a nationa...