Tennessee Consolidated Retirement System , Nashville, is conducting an...

Tennessee Consolidated Retirement System, Nashville, is conducting an actuarial valuation as of July 2003, to be performed by Bryan, Pendleton, Swats & McAllister, according to Steve Curry, assistant to state Treasurer Steve Adams, who oversees the $22 billion fund. Speaking yesterday at a public pension fund seminar sponsored by Standard & Poor’s, Mr. Curry said the fund has lost about $4 billion over the last two years since its last actuarial valuation.