Carbon County’s retirement fund hit an all-time high going into the final weeks of 2020.

On Thursday, during the last county retirement board meeting for the year, controller Mark Sverchek announced that the portfolio value as of Dec. 11 was $86,994,278.

He said at the end of November, the balance stood at $86,341,294, saying that was “wonderful news.”

The retirement fund has been showing strong growth throughout the year, increasing over $5.3 million from the end of November last year, when the fund hit its previous all-time high.

In other matters, the board set the interest rate on members’ accounts for 2021 at 5.5%.

The board also tabled discussion for a cost-of-living increase until the January meeting to allow officials more time to look at all the figures.

Any action on an increase, which according to the CPIU for October would be 0.4%, would be retroactive to the beginning of January 2021.