News you can use
News you can use
Sorted by date Results 1 - 2 of 2
Although election season is over, citizens and elected representatives will continue to discuss many serious economic issues. One critical topic on the 2013 legislative agenda is funding of the Montana Teachers' Retirement System; a defined benefit pension plan. Views on the retirement system vary widely — from solid support to severe criticism. A crucial role of the TRS Board and staff is to ensure legislators and the public have accurate data and information about Montana's pension systems. We want to support policy d...
Recent media accounts paint a dire outlook for the Montana Teachers Retirement System. The facts, however, tell a different story. Far from needing an immediate and staggering infusion of taxpayer dollars, the fund can be righted with more prudent, gradual and relatively small adjustments. The sooner we make those adjustments, the better the outcome will be for everyone — teachers, retirees, employers and taxpayers. Clearly, the 2008-2009 market plunge and ongoing turbulence have given investors a bumpy ride. When the m...
