New Jersey’s pension fund for retired teachers and government workers gained 8.3 percent for the fiscal first quarter ended Sept. 30, according to a report presented to the State Investment Council today. The value of the fund rose to $70.2 billion, its highest in two years, according to state records and the report from Timothy Walsh, director of New Jersey’s Division of Investment.

For September, the fund realized investment gains of 4.2 percent. U.S. equities returned 9.4 percent, international stocks gained 9.3 percent and domestic fixed income was down 0.14 percent, according to the report. Read more in Star Ledger.