Louisiana Firefighters' Retirement System, Baton Rouge, returned a net 24.9% for the fiscal year ended June 30.
The $2.2 billion pension fund's return exceeded its policy benchmark of 24% for the period, an investment report posted on its website shows.
For the three and five years ended June 30, the pension fund returned an annualized net 10.2% and 10.2%, respectively, below the respective benchmarks of 11% and 10.9%. For the 10 years ended June 30, the pension fund reported an annualized net return of 6.4% and did not report benchmark information.
The pension fund returned a net 3.2% for the fiscal year ended June 30.