Subscribe Now!
Free Daily News, Jobs, Webcasts, Discussions
Post and Distribute
Your Jobs
ARPA News
ARPA Webcasts

Featured Jobs

Defined Benefit Pension Consultant

The Ryding Company
(Telecommute / Westlake Village CA)

The Ryding Company logo

Retirement Plan Consultant

Definiti
(Telecommute / The Woodlands TX)

Definiti logo

Consulting Actuary - Mid-Size Plan Market

Definiti
(Telecommute / The Woodlands TX)

Definiti logo

Distributions Analyst

Loren D. Stark Company (LDSCO)
(Telecommute / Houston TX)

Loren D. Stark Company (LDSCO) logo

DB/CB Client Manager

CMC Pension Professionals
(Telecommute / Glendale CA)

CMC Pension Professionals logo

Employee Benefit Plan Auditor

Cassell Plan Audits
(Telecommute / Saint Charles IL)

Cassell Plan Audits logo

Client Manager / DC Consultant

CMC Pension Professionals
(Telecommute / Glendale CA)

CMC Pension Professionals logo

Retirement Plan Administrator

Premier Plan Consultants
(Telecommute / San Diego CA)

Premier Plan Consultants logo

Retirement Plan Administration Consultant

TSC
(Minneapolis MN)

TSC logo

Retirement Plan Relationship Manager

ERISA Services, Inc.
(Telecommute)

ERISA Services, Inc. logo

Sales Support Specialist - Pensions & Benefit Solutions Consultant

ftwilliam.com / Wolters Kluwer
(Telecommute / IL)

ftwilliam.com / Wolters Kluwer logo

Employee Benefits H & W Compliance Consultant

Benefit Comply, LLC
(Telecommute)

Benefit Comply, LLC logo

Defined Contribution Plan Administrator

West Coast TPA Firm
(Telecommute)

Defined Benefit Pension Administrator

Actuaries Unlimited, Inc.
(Telecommute)

Actuaries Unlimited, Inc. logo

Retirement Plan Administrator

Bates & Company
(Telecommute / Winter Park FL)

Bates & Company logo

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



The Peril of Public Pension Funds
The Atlantic Monthly GroupLink to more items from this source
[Opinion]
Feb. 10, 2010

Excerpt: One of the mildly surprising things about the Stuyvesant Town debacle is the kinds of investors the deal attracted. What were entities like CalPers and the Church of England doing plowing their money in along with real estate moguls ... ? The answer is 'looking for alpha'. Underfunded pension funds have been looking for extra return in order to make up the holes ... and the problem is worst among public pension funds, because until recently, their accounting wasn't very good, so politicians were fond of making unfunded promises in lieu of wages.

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).
© 2021 BenefitsLink.com, Inc.