Dubois said the move to the PRIT
fund was "the best thing for our members at this time." He's right.
"The other concern is that some board members feel that (the governor) might borrow against PRIT
to bail out the state," Mr.
Patrick on Monday is expected to sign legislation that will force the Worcester regional fund and about 24 other local funds whose performance has lagged behind the state's investment returns into PRIT
. The rationale behind the measure is that local communities will save significant amounts of money because their annual pension assessments will drop if they earn higher returns with PRIT
Blanchette, and the board investment consultant, Kevin Leonard, yesterday appeared ready to move the fund's assets into PRIT
, but there was no vote on the issue.
Ainsi, depuis le debut des annees 40, ils ne se contentaient plus de demander des reformes, mais reclamaient l'independance.[beaucoup moins que]La conference d'Anfa en janvier 1943 a laquelle prit
part le Sultan Mohammed V, constitue une date importante dans la marche vers l'independance[beaucoup plus grand que], affirme cette memoire vivace.
The average 6.74 percent return for regional employees in the last five years was almost 5 percentage points less than the 11.61 percent return for PRIT
. Even in last year's bull market, the regional fund had a return of only 13.05 percent, 31/2 percentage points behind PRIT
's 16.72 percent.
Longtemps, le reve d'emancipation collectif prit
le pas sur les problemes et les tourments des individus, balayes presque d'un revers de la main.
C'est ainsi que prit
fin cette ceremonie somptueuse qui a dignement commemore un si valeureux evenement de notre itineraire eloquent.
Donoghue backed last year, now is poised to seize control of his fund and other underperforming local funds and merge them with the $50 billion state public employee pension fund, called the Public Retirement Investment Trust, or PRIT