March 6, 2019
Whistleblowers Were Proven Right: MBTARF Was Underreporting Its Unfunded Pension Liabilities
In a new brief, Pioneer shows that whistleblowers’ 2015 claim that the MBTA Retirement Fund (MBTARF) had been underreporting its unfunded pension liabilities has proven to have been accurate. In their study, Boston University Professor Mark T. Williams and Bernie Madoff whistleblower Harry...