Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Why the Central States Pension Fund is doomed to fail


The Teamsters' Central States Pension Fund looks all but certain to fail, crushing the retirement dreams of thousands of Minnesotans and many thousands more in other states.

For a calamity like this, it's important to understand how the problem came about. Forget the conventional explanations, some version of union mismanagement of assets or unanticipated bear markets.


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