PRIM

February 24, 2017

Study: Inefficient Public Pension Investment Costs Taxpayers About $100 Million A Year

Local systems forfeited some $2.9 billion over 30 years by not investing with PRIM, probably billions more if fees and compounding are included Read coverage of this report in the Boston Herald, The Bond Buyer, and Associated Press. BOSTON – The commonwealth should...

Study: T Pensions Would Be Worth $902M More Had Assets Been Managed by State Pension Fund After 2000

MBTA would have saved $676 million, T pensions would have been fully funded BOSTON – Had MBTA Retirement Fund (MBTARF) assets been placed in the state pension fund at the end of 2000, their value would have been an estimated $902 million...

Study: MBTA Retirement Fund Failings a Cautionary Tale

Study Finds Poor Governance Structure, Lack of Accountability and Transparency at Heart of MBTA Retirement Fund Failings MBTARF dramatically underperforms state retirement fund, is plagued by cronyism and endemic conflicts of interest A poor governance structure that gives control over hundreds of...