AFT Local 4200-R

A new report reveals billions in potential savings if pensions slashed fees paid to hedge fund managers who invest in risky "alternative" assets such as private equity. The research, completed by our national union, for the first time quantifies the massive wealth transfer that has placed Americans' retirement security in peril. The findings are particularly important to understanding and resolving the mounting fiscal crises on states' balance sheets — the costs of which are ultimately being borne by taxpayers.

 

Click here for the full report.