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Last week’s page one story “State pension fund fallout: Billions Disappear” reported an incorrect figure for the Indiana Public Employees’ Retirement Fund’s one-year investment return as of Sept. 30. Its actual return was minus 18.6 percent. A story on page 5A last week about KAR Holdings’ lending company should have specified that a $161.5 million non-cash charge was taken against goodwill. A story on page 17A last week incorrectly stated that property taxes are a funding source for schools. State legislators eliminated them as a General Fund source last session. The statement should not have been attributed to comments made by Terry Spradlin of the IU Center for Evaluation and Education Policy. Lee Lewellen, of Thomas P. Miller and Associates, was former vice president of Central Indiana Corporate Partnership. His former title was incorrect in a Nov. 17 story on Hancock County adult education efforts that appeared on page 17.
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