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Economy

tularetom

(23,664 posts)

1. So even after the settlement CalPERS is out $870 million

Reply to Eugene (Original post)

Wed Mar 9, 2016, 08:48 PM

Mar 2016

If there are a million retired members each one is out $870 as a result of this decision alone.

I'm one of those members. Nobody asked me but I'm not happy about that.

Guess I'll vote for none of the above the next time they send me one of their ballots for elections to their board of directors.

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CalPERS settles with Moody's for $130 million in ratings case [View all] Eugene Mar 2016 OP

So even after the settlement CalPERS is out $870 million tularetom Mar 2016 #1