"The Skim" in pension funds

{{ The generous compensation for Wisconsin’s pension managers isn’t unusual. Investing worker retirement money has long been one of the clearest routes to a big public paycheck in some states, short of coaching football. Pension fund managers can regularly reap big pay for meeting performance targets—ones set by fund trustees. That’s despite research showing many funds would do better with a set-it-and-forget-it portfolio of stocks and bonds. }}

Minimizing the Skim – the key to reducing the taxpayers’ contribution to the State Employees Retirement Fund.



shocking as much for as how NOT surprised I am as to the facts themselves.

david fb