Dave Urbanek
New Report Looks at Illinois’ 5 Public Pension Systems
Not to be confused with the underfunding which is blamed for the problem, the actuaries say the boards of the five systems are using reasonable assumptions in calculating the returns.
Ill. Teachers’ Retirement System Playing the Stock Market
Dale Rosenthal, a finance professor at the University of Illinois, says gains could be the result of high-risk, high-reward investments.
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