Her clients include state and municipal pension funds, as well as institutional and sophisticated investors. (levinlaw.com)
Municipal pension plans have wildly optimistic return assumptions and massive future liabilities in the form of payments to their beneficiaries to deal with in the future. (awealthofcommonsense.com)
For those that have read me before on municipal pensions, their claim to fame is that they make private sector funding look good. (alephblog.com)