New question surrounds Springfield police-fire pension fund
The city received its first revenue from the 3/4-cent police-fire pension sales tax earlier this month. But the November passage of the tax — expected to pump 0 million or more into the fund over the next five years — has not entirely laid to rest Springfield’s pension problems.
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NY Pension Fund Won’t Dump Cash Into EMI
While Terra Firma boss Guy Hands has until Friday to inform Citigroup that he has come up with the cash necessary to stave off defaulting on its loans for EMI , New York City’s main pension fund is reportedly taking a pass on re-investing.
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