Why Wisconsin's Pension Chief Earns Eight Times the Governor's Salary
Wisconsin last year paid Edwin Denson more than $1.2 million for managing the retirement savings of state workers, including teachers and firefighters.
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Wisconsin last year paid Edwin Denson more than $1.2 million for managing the retirement savings of state workers, including teachers and firefighters.
Retirement fund staff are among the country’s highest-paid state employees
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Against the backdrop of rising rates, market turmoil and pension funds’ ever-growing illiquid allocations, leverage is going to increasingly come under the spotlight. Today’s changing macro picture of increasing interest rates and rising borrowing costs will put pressure on pension funds to ensure financing costs are compensated with expected returns.