Indiana State Teachers Retirement Fund, Indianapolis, is undertaking an asset-liability study, according to Molly Deuberry, director of communications and outreach at the $6.8 billion fund.
Callan Associates, the funds consultant, is doing the study, which could be completed in May, Ms. Deuberry said.
The study is being done as a standard review the fund generally conducts every three years, she said in a statement. The funds last study was completed in September 2006.
The funds $3.6 billion defined benefit plan currently has 32% of its assets in fixed income, 29% in domestic equity, 16% in international equity, 9% in private equity, 8% in real estate and the remainder in absolute-return strategies and commodities, according to a fund report.