Carbon County's retirement fund is having a great year, officials report.

During the monthly meeting of the county retirement board on Thursday, Robert Crampsie, secretary to the board and county controller, reported on the third quarter investment performance, which ended Sept. 30.He said that the retirement portfolio value at the beginning of the year was $63,409,980, with an adjusted beginning balance after retiree disbursements of $61,204,137. The portfolio value as of Sept. 30 was $69,892,378, which represents an increase of $8,688,241 from the start of 2013."That equates to a year-to-date rate of return of 14.2 percent," Crampsie said. "We're well ahead of the actuarial assumption (of 7.5 percent). We are having a great year performance wise."He added that October was a volatile month for the market due to the uncertainties in Washington D.C., but hopes that the news of an agreement will help the market level off.