Former Houston Rockets team member Zaid Abdul-Aziz is entitled to additional benefits for the rest of his life, suit says.
White House wants new variable-rate premium, saying that would help stave off insolvency for 20 years.
World’s largest pension fund’s asset value rises to $1.54 trillion.
The Common Retirement Fund has incrementally increased its exposure to fixed income such as cash, bonds, and mortgages.
The new guidance is meant to help the pension system engage companies in its portfolio where it can have the most impact.