third, let's look at what's happened with the investment practice of the retirement board since twoanthe trust has returned on an annualized basis 11.17% in each of the three years. the unrealized loss in market value was not a failure of the board's investment policy or their practices. but rather a result of extraordinarily difficult financial markets. the great depression was mentioned. we paid benefits through the great depression. we paid benefits through theút( 2008-09 financial markets. the rier retirement board focusn very long term. over 20 years periods -- the 20 year period through june of this year, our return was 8.17%. our -- the retirement board's actions during that same 20 year period show that,x %( 6w at one, they increased the assumed rate up toua decreasing it to recognize that in fact their consulting and that the board understand how to prudently manage thed2( w< syst. we never said, in our responses, that we would not take or consider other people's ideas or approaches. and i'm sad to hear that she's representing that that was part of our response. what we've s