If ever anyone needed reminding of the challenges of running a public pension fund, it came this summer when the city of Detroit registered for bankruptcy, detailing $3.5bn of pension fund liabilities as part of its filing.
If ever anyone needed reminding of the challenges of running a public pension fund, it came this summer.
If ever anyone needed reminding of the challenges of running a public pension fund, it came this summer when the city of Detroit registered for bankruptcy, detailing $3.5bn of pension fund liabilities as part of its filing.