Dow’s surge doesn’t eliminate MN’s pension problems (access required)

by Charley Shaw
Published: October 14,2009
Time posted: 4:20 pm
Tags: Dow Jones Industrial Average, Minneapolis Employees Retirement Fund, Paul Thissen, pensions

The Legislative Commission on Pensions and Retirement was cheered this morning during a state Capitol hearing as the Dow Jones Industrial Average cracked 10,000 for the first time since plunging in 2008. But the ravages of the stock market and the precarious financial state of pension funds in Minnesota didn’t disappear with today’s psychologically significant stock ...


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