Pensions
Puerto Rico Pension Reserve Trust Seeks Multi-Asset Strategy Managers
The underfunded pension fund appears to be shifting away from its fixed-income heavy portfolio.
Report finds that municipalities, public organizations, and the private sector are failing to pay their fair share to assist the decimated pension.
Sides still disagree on troubled public pension reform system.
Although proposed labor reforms and pension cuts were excluded, Puerto Rico's board may still impose its own plan.
Proposal will defy board-requested revisions to PR pension system in favor of governor’s original concepts.
Panel, seeking pension cuts, could unilaterally impose its own fiscal blueprint if stand-off continues.
Law approved without public hearings, retiree input.