The General Accountability Office (GAO) just released two reports to Congressional Requesters on the Central States Pension Fund (CSPF):
- Investment Policy Decisions and Challenges Facing the Plan; and
- Department of Labor Activities under the Consent Decree and Federal Law
We previewed an advance copy of the first report last month but now that everything is finalized here is the main takeaway that appears in both reports:
What GAO Recommends
GAO is not making recommendations in this report.
Nice wikipedia-ready historical record but no solutions here.
Burypensions Blog 