Pensions
Michigan State University Endowment Buys Majority Stake in Detroit Landmark
The university is paying $21 million for 79% of the 95-year-old Fisher Building.
The university is paying $21 million for 79% of the 95-year-old Fisher Building.
The automaker has been sued by the Detroit Police and Fire retirement system over big payouts, and the retailer by the Detroit plan and a Norfolk County (Mass.) plan on how it distributes the drug.
Report says Detroit’s contribution policies will suffice if investment returns meet assumptions.