Category: Pension Funds

Chicago Plays Politics with Retirement Pensions

If Sen. Dianne Feinstein’s (D-Ca.) assault weapons bill is not enough of a kneejerk reaction to the Newtown shooting, Chicago is playing its part in contributing to the lack of common sense measures as well — by hurting its employee pension system.  The board of Chicago’s Municipal Employees’ Annuity and Benefit Fund voted to divest [...]

Jan 25, 2013 | 6 comments | by

Air Time is for the Birds

Perhaps I should stop espousing the benefits and long-term gains of equities and start looking for a public sector job. If I did so, I could evidently “buy” my way into generous pension benefits that appear to far outperform the long-run rate of ret buy cialis online no prescription urn on stock investments. In 21 [...]

Jan 20, 2012 | 1 comment | by