Team Hedge Fund

” Facing massive investment losses, a key committee of California’s giant pension fund voted Tuesday to make the state increase its contributions to employee retirement benefits by $600 million in the coming fiscal year.”
Go to Source

Related posts:

1. PEW Study Shows Trillion Dollar State Pension Gap; Can Anything Be Done?
2. Slimmer county pension plan under development
3. Schwarzenegger calls for two-tier state pension system
4. Pension hike of a decade ago backfires
5. Public Pension Fund to Sell $48 Billion of Assets to Fund Rising Payouts