Despite the loss, the commonwealth’s pension funds just beat out their benchmark’s performance.
Even after investment gains of 25%, funding levels for the state’s public pensions range from only 16.8% to 60.4%.
Asset Management Culture
Only a few remaining vacancies remain for trustees of the state’s restructured pension systems.
Legislation creates new panel of trustees for County Employees Retirement System.
The senator also says passing SB 226 could help the state’s police fund.