The Public Employee Retirement System of Idaho has announced that it's now 91.7 percent funded, as of April 29, up from 78.9 percent at the end of the last fiscal year, June 30, 2010; the preferred standard for such plans is to be at least 80 percent funded for all future liabilities. The PERSI fund's value has jumped nearly 65 percent since March 6, 2009; it's now valued at $12.2 billion, up from $7.6 billion then. “By applying a conservative approach in both its investing and operational practices, and by relying on the sound structure put in place by state legislators nearly 50 years ago, PERSI has remained one of the strongest and best run public pension systems in the country,” said Jody Olson, the PERSI board chairman. “Maintaining discipline during tumultuous times can be difficult; sticking to a proven investment strategy has contributed to our recovery.” You can read PERSI's full announcement here.