Montana pension returns improve, but still short of nearby states

Investments made by the state pension system improved markedly last year, but overall returns still lagged neighboring states.

The pension system received about 18 percent return on investments made by the Montana Board of Investments, which has revamped its strategy over the past couple years in the wake of losses that helped lead to a projected billion-dollar pension deficit.

By MATT GOURAS

Full Story: http://www.magicvalley.com/articles/2007/09/13/ap-state-id/d8rk5rt81.txt