Fund is expected to become insolvent in 18 years without major cash infusion from taxpayers.
At the recent SALT conference, SkyBridge Capital Founder Anthony Scaramucci commented on his unrealized public liaison position.
The deal that averted the strike proposed by 2,000 workers.
City would have to fund retroactive pensions for more than 3,000 workers if overturned.
The right partners will make or break market, IFC panelists agree.
Gov. Brown says supplemental payment will save state $11 billion over 20 years.
But some participants see the contribution as a precursor to closing the fund.
City can move ahead with pension plan changes to relieve debt problem.
Founder of Saeculum Capital Management has been re-nominated after being withdrawn from consideration earlier this year.
Board “reluctantly” agrees to close sections of the pension plan.
50 members of Parliament join environmental campaign.
State legislature joint committee to hold hearings on fixing the state’s pension problem.
Oil-rich nation seeks to diversify its economy and boost its private sector.
Mercer report indicates estimated aggregate deficit in April increased by $1 billion over March’s numbers.
Cash payments offered to shareholders didn’t represent “the company’s prospects and value,” complain alleges.