For the three, five and 10 years ended June 30, the pension fund returned an annualized net 9.3%, 6.8% and 9.6%, respectively, compared to the respective benchmark returns of 9.2%, 6.8% and 10.1%.
IPERS returned a net 8% for the fiscal year ended June 30, 2018.
Fiscal year returns by asset class were not provided.
The pension fund's target allocation is: 27% core-plus fixed income; 22% domestic equities; 15% international equities; 11% private equity; 7.5% private real assets; 7% public real assets; 3.5% public credit; 3% each, private credit and global smart beta equity; and 1% cash.
IPERS spokeswoman Shawna Lode could not be immediately reached to provide further information.