A report sees higher rates and a weakening economy pushing firms into bankruptcy or restructurings.
The proposed reduction would cut the combined employer and employee contribution rate to 16.2% from 31.4%.
The $9.4 billion Illinois Police Officers’ Pension Investment Fund has $450 million in international small-cap stocks.
It’s trickier for some, like the Norwegian program, which is funded by North Sea oil.
Morningstar says multi-family’s finances are even more precarious.
