Public pension plans are thirsty for liquidity

Charles Millard  |  April 8, 2021

By Charles Millard, includes “The Chicago River flows backward. Due to a feat of civil engineering completed around 1900, it flows backward. Its liquidity goes the wrong way. Unfortunately, that is what is happening for the Chicago municipal pension system, too. Its liquidity is flowing the wrong way.”

Read the full article on: PlanSponsor

comments powered by Disqus