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BC 2 Form Duluth and St Paul Teachers XLS

BC 2 Form Duluth and St Paul Teachers XLS

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I'm Julie Bary with session update the issue on how far the state should go in assisting duth teachers and their aien retirement fund was the source of heated debate on the senate floor today the teacher fund consolidation continues the longtime trend of consolidating Standalone funds to stabilize them and make the funds more sustainable would take some issue with comments about poor management or you know as Senator Papa said up until about four or 5 years ago I remember when I first came to the legislature and I met with our with the duu teachers retirement and I reviewed their numbers and I am not without some business Acumen you know my my equp to the jle who was the manager at the time was like gee can I put my retirement funds with yours because they were getting far better returns than I was getting with my private privately paid um retirement investor they were doing very well until the recession until the um prior what are now the Community College folks left and until

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