Search
 

Massachusetts Treasurer Sees 8% Pension Gains Shunned by Calpers

Treasurer sees lower assumption to increase confidence from rating agencies and investment community.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Aug. 10 (Bloomberg) — Massachusetts Treasurer Steven Grossman wants to reduce the assumed rate of return on the state’s $50 billion in pension-fund assets, currently at 8.25 percent and among the highest for U.S. public retirement plans.

Recommended Stories

How GDPR May Actually Be Good for You

Thomas Reagan |

The impending GDPR deadline affects every company that stores any kind of information on EU residents. Here’s how to leverage the regulations to improve corporate cybersecurity.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.