Wouldn’t it only be news if the state’s pension fund was at record lows?

I keep seeing these headlines about RI General Treasurer Seth Magaziner announcing record highs for the pension fund, but shouldn’t that always be the case?  Unless the workforce is shrinking, even keeping up with inflation should produce record highs.  It seems to me mainly an indication that we have too many people in PR in government.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Show your support for Anchor Rising with a 25-cent-per-day subscription.