Jocelyn Pension Consulting |
EPIC RPS |
401(k) Retirement Plan Administrator Midwest TPA with Remote Workforce |
Primark Benefits |
Loren D. Stark Company |
Retirement, LLC |
MGKS |
CMC Pension Professionals |
Retirement Plan Relationship Manager â DB or DC Focus Trinity Pension Consultants |
Loren D. Stark Company |
United Benefit Pensions Inc. |
Director of Pension Administration Primark Benefits |
Aimpoint Pension |
Hicks Pension Services |
Manager - Defined Contribution Plans M2B Retirement Consulting LLC |
Senior Defined Contribution Account Manager Nova 401(k) Associates |
Site Manager / Senior Administrator Nicholas Pension Consultants |
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
| |
<< Previous news item | Next news item >>
Borrowing Aimed at Boosting the Assets of New Jersey's Pension Plans Went Awry BusinessWeek ![]() June 6, 2005 Excerpt: Back in 1997, New Jersey borrowed $2.7 billion in pension obligation bonds to fill a gap in its plan funding. These bonds –- sometimes called POBs -- are general obligation debt much like any other municipal borrowing, but they're issued in order to put the proceeds into the pension funds, not the general government coffers. The issuing city, county, or state bets that the borrowed money can be invested to earn more than the interest rate that the bonds must pay. |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above). |
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified). |