Should state lawmakers be in charge of a retirement system? Would you want them in charge of yours?

Pension Omnibus Bill Increase General Fund Contributions to City of Minneapolis; Makes Bailout to Local Government Fund Permanent – American Experiment

The 2018 bill was supposed to immediately and miraculously drop the unfunded liability by billions while lowering the assumed rate of return and solve the funding crisis “for the next 30 years.” The problem is that lawmakers reached a political compromise, which is what elected officials do, but…