
Asset Allocation
Public Pension Funded Status Waned as Corporate Plans Thrived in 2022
The funded ratio for the 100 largest public funds dropped to less than 73%, while corporate plans rose to 110%.
The funded ratio for the 100 largest public funds dropped to less than 73%, while corporate plans rose to 110%.
The Miami pensions call the bank’s failure to prevent massive error ‘deliberately reckless.’
Margaret Brown, a frequent critic of investment staff and the board, is up for re-election—and some of her peers are supporting her opponent.