Pensions in the bear market
Brace yourselves for trouble next summer. The Denver and Colorado pensions reported earnings though December of 2021 and appeared to be relatively stable. Other state and local pensions are giving more recent numbers, and according to the Wall Street Journal, we are seeing the worst year since 2009. Those on PERA may see worse pensions […]
2021 PERA update
High inflation is good for the funding status of PERA and bad for retirees.