Chicago Schools’ Overdue Pension Payment Magnifies Fiscal Mess – Bloomberg

3 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Sweet Home Alabama
9 months ago

It mentions actuarial rate of return for calculating interest at 6.5%-Mark, what is the real rate of return? Wondering how much the attempt to only invest in socially responsible companies has affected ROI.

PPF
9 months ago

Chicago teacher pension fund has earned 8.34% over the last 35 years and 9.5% over the last 10. Easily beating the 6.5% expected rate of return.

Deb
9 months ago

Chicago is headed for bankruptcy, but Chicago will not cut wasteful spending and stop patronage hiring.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE