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Yearly Archives: 2014

The truth about PSPRS investment performance

The truth about PSPRS  investment performance

All too often, fiction and gossip move faster than truth and reason. As such, it is often stated by our detractors that our $8 billion portfolio is the state’s “worst-performing pension plan,” which gives the impression that our investment staff is incompetent and responsible for the trust’s sagging pension funding levels.

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Small groups don’t cut it

In an interview yesterday afternoon, Dial laid out his ideas for bringing back approps subcommittees. The likeliest path is legislation, with intent language describing how the subcommittees would operate as a part of the budget process, that would require leadership in each chamber to re-establish the subcommittees via the Senate president’s and speaker’s rule-making process.

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