The New York Times has a terrific piece on how public pension funds are reaching for the Zantac because their numbers are not adding up. The funds are pointing to their consultants. At issue is whether those folks who are responsible for analyzing risk also have too much pressure to make the fund sound rosy. Check out Mary Williams Walsh's piece, "Actuaries Scrutinized on Pensions". We have two thoughts: 1) Perfect, just in time for the Baby Boomers to retire, and 2) hmmmm, doesn't this also sound like some similar hurdles that the big accounting firms face?
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Disclaimer:
Posts on this Website have been written and displayed for informational purposes only and are not legal advice. The transmission of the Website, in whole or in part, and/or any communication with us via Internet e-mail through this site, does not constitute or create an attorney-client relationship between us or our law firm and any recipients.
No recipients of content from this Website should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state.
The content of this Website contains general information and may not reflect current legal developments, verdicts or settlements. We and our law firm expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this Website.
Please do not submit any confidential information. Any information submitted to or through the Website is not secure and is done so on a non-confidential basis.
Posts reflect the personal opinions of the authors, and are not the views of any past or present employer or institution with which the author may be affiliated.