Under scrutiny, Minnesota pensions reveal an additional $259 million in hidden fees to Wall Street, a total of $344 million annually. That's billions that could be used to improve teacher benefits.
Similar to Rhode Island under Gina Raimondo’s so called pension reform that eliminated COLA and increased pension management fees from ten million to 189 million yearly coupled with transfer of pension assets to hedge funds. Imagine losing your COLA years after you have retired. Politicians must take seminars on how to implement this .
Similar to Rhode Island under Gina Raimondo’s so called pension reform that eliminated COLA and increased pension management fees from ten million to 189 million yearly coupled with transfer of pension assets to hedge funds. Imagine losing your COLA years after you have retired. Politicians must take seminars on how to implement this .