"Public pension boards look slightly different in each state, but they are typically made up of individuals with years of experience in investment, public finance, and public management. The median number of board members is nine, but it can be as few as five and as many as nineteen. As fiduciaries of the fund, they are responsible for looking out for the best interests of the workers and retirees that will rely upon the pension for their retirement security. Unfortunately, political meddling can sometimes interfere with the professional expertise of the pension board."  MORE >>