Bill would require disclosure of payments to foreign governments and possibly spotlight unaccounted revenue, but could give foreign governments an advantage.
The plan, something of a poster child for America’s struggling pension funds, includes a normal retirement age of 58, with an early retirement age of 53, as well as a benefit multiplier of 2.5%.
Institutional investors complain about not finding the right opportunities, terms and possible partners, particularly when investing in private equity, real estate, infrastructure and hedge fund deals.