Fund Performance

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Quarterly Investment Performance

To view IPERS’ recent investment returns by individual quarters, click on a date in the table below.

September 30, 2023September 30, 2022September 30, 2021
December 31, 2023December 31, 2022December 31, 2021
March 31, 2024March 31, 2023March 31, 2022
June 30, 2024June 30, 2023June 30, 2022
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FY2023 Fund Performance

IPERS’ investment program earned a 5.41% return in FY2023, below its 7.00% assumption. But higher-than-expected earnings in FY2021 pushed the FY2023 actuarial value of assets to 7.17% and created an actuarial gain of $65 million. The actuarial value of the IPERS Trust Fund equaled $41.013 billion in FY2023, up from $39.354 billion in FY2022.