The Reckless Cost of Investment Mismanagement at the MBTA Retirement Fund
This report illustrates that had MBTA Retirement Fund (MBTARF) assets been placed in the Massachusetts state pension fund at the end of 2000, their value would have been an estimated $902 million greater by 2014 and T pensions would have been about fully funded.
Download Report: The Reckless Cost of Investment Mismanagement at the MBTA Retirement Fund