Headline: Public Pensions Provide a Secure Retirement
Publication: Huffington Post
Article Date: June 29, 2017
“For a decade now since the Great Recession, special interests have waged a false-information campaign against public pensions. While not all of the motives are clear, one thing is certain: if the over $3.8 trillion in assets managed by state and local pension funds were converted into individual 401(k)-style accounts, someone on Wall Street would stand to reap enormous financial benefit. In California alone, CalPERS, the 7th largest pension fund in the world, manages $295 billion in assets.” Read article…