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The Pennsylvania teachers' fund is a microcosm of problems at many public pensions — and some retirement experts say more bad news may come.
The DOL issued its warning after a French court convicted UBS this month of helping French citizens stash funds in undeclared Swiss accounts.
The complaint says MetLife sent 2 letters to customers. If no response, the insurer presumed they were dead.
Got guns? Of 42 universities contacted for this article, 7 declined to say whether their endowments held gun-related investments -- and 4 said they had no firearm holdings.
Got guns? Of 42 universities contacted for this article, 7 declined to say whether their endowments held gun-related investments -- and 4 said they had no firearm holdings.
Teachers' pension funds in these 12 states hold stocks in such gun companies as American Outdoor Brands and Sturm Ruger & Co.
The Florida teachers' union is unable to divest from firearms industry stocks, or any others in their portfolio, on its own because the portfolio is managed by the governor and his staff.
The teachers union is unable to divest from firearms industry stocks, or any others in their portfolio, on its own.
A state pension plan for Florida teachers held shares in American Outdoor Brands, which manufactured the gun used in the Feb. 14 school attack.
Florida teachers may be surprised to learn theyve been helping fund the firearms industryincluding American Outdoor Brands, which made the gun used in the recent mass shooting.
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