Seed Newsvine
Fragile Calculus in Plans to Fix Pension Systems - NYTimes.com ;.. Michael R. Bloomberg recently called “indefensible.”
Now public pension funds across the country are facing a painful reckoning. Their projections look increasingly out of touch in today’s low-interest environment, and pressure is mounting to be more realistic. But lowering their investment assumptions, even slightly, means turning for more cash to local taxpayers — who pay part of the cost of public pensions through property and other taxes.
Biotech is back. Here’s why these rallying stocks belong in your portfolio
now.
-
The volatile sector is seeing greater stability, and these four stocks can
profit.
18 minutes ago
1 comment:
Michael R. Bloomberg recently called “indefensible.”
Now public pension funds across the country are facing a painful reckoning. Their projections look increasingly out of touch in today’s low-interest environment, and pressure is mounting to be more realistic. But lowering their investment assumptions, even slightly, means turning for more cash to local taxpayers — who pay part of the cost of public pensions through property and other taxes.
Post a Comment