The Carbon County Retirement Fund took a hit this past month.
During the monthly meeting of the county retirement board on Thursday, Robert Crampsie, county controller and secretary of the retirement board, announced that the retirement portfolio value as of Jan. 31, was $56,847,777, down $1.2 million from the end of the year.
"The month of January was a down month," Crampsie said.
The retirement fund is still doing well, despite the loss.
In 2009, the county posted a $10,522,249 increase in funds, which represented an overall end-of-year return of 22.13 percent.