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Credit overweight pushes Texas to top spot, performance pay reinstated
The 108 investment staff of the Teacher Retirement System of Texas (TRS) have had their performance incentive awards reinstated, and will receive $9.7 million between them, after a year which saw the fund outperform its benchmark by 240 basis points making it the best performing public pension fund in the US.
Amanda WhiteJanuary 5, 2011