Rhode Island CIO Departs for Washington Hospital System
Alec Stais informed the state pension plan last month of the move.
Cincinnati roofer, Niagara Falls electrical worker plans are 16th and 17th funds affected.
Economic impact of virus could lower state pension valuation.
Pensions, state budgets “are as vulnerable as they have ever been,” PEW Retirement Officer says.
While the proposals intend to make it less onerous for public companies, market participants have concern about the impact of reduced disclosures for investors.
State treasury holds up $581 million in obligations to PSERS.
Fund faulted for using assumptions that contradicted its own information.