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Wisconsin's Public Pension Works to Spread the Cheddar
Institutional Investor Link to more items from this source
Mar. 13, 2013

"While current employees have recently begun to share their pension contributions with their employers, the retiree reductions are a direct result of a well-constructed pension machine that increases or decreases payouts in tandem with the gains and losses in the WRS's investment portfolio, which now has $84.6 billion in assets. Designed decades ago and unique among the 50 states, the ninth-largest public pension system in the U.S. features a mechanism that insulates Wisconsin from wide swings in funding by balancing both cost-sharing and risk-sharing between employers (that is, taxpayers) and employees."

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