AimPoint Pension
|
Compass
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
The Next COVID-19 Victim: Public Pension Funds
The Washington Post; subscription may be required [Opinion] Apr. 17, 2020 "Long before the pandemic, pension managers had invested in risky assets to overcome chronic underfunding with outsized returns in the stock market. Now those returns have evaporated.... Public pensions did not always invest so heavily in the stock market.... Over the past 60 years, these investments have become even riskier in an effort to maintain benefit levels while reducing taxes. Reinvesting public funds in public investments could address several crises at once." |
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 linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |