Orange County Employees pension fund returns 12.26% in 2012

Orange County Employees Retirement System, Santa Ana, Calif., earned a 12.26% return for the year ended Dec. 31, according to an e-mail from Robert Kinsler, spokesman for the $9.9 billion pension fund.

The pension fund earned an annualized return of 8.10% for the three years and 8.05% for the 10 years ended Dec. 31.