Chicago Teachers reduces assumed rate of return – Pensions & Investments

Chicago Public School Teachers' Pension & Retirement Fund is lowering its assumed rate of return to 6.75%. The $11.1 billion pension fund's board voted Thursday to lower the rate of return from 7%.

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Poor Taxpayer
3 years ago

Does not matter what rate they use.
Not enough money to pay for the HUGE PENSIONS.
Most teachers get back 100% of their contributions within 18 months.
No Hope, it is not a pension fund but a HUGE PONZI SCHEME.

James
3 years ago
Reply to  Poor Taxpayer

Droning! Say something new!!

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