Wisconsin Public Servant here....and I'm retired and receiving benefits.....should I be worried??

[a kennedy]

I have no problem with my retirement benefits or really even the State investment board……this is just interesting. (Wisconsin Retirement Fund is the 9th largest in the country)

…………In recent years, the handling of the nation’s largest public pension fund has caused growing alarm among a group of retirees who rely on it.

They have sought an outside audit of California’s $530 billion pension fund, known as the California Public Employees’ Retirement System, or CalPERS. They have also tried to persuade legislators to install an inspector general to monitor its operations.

Both efforts went nowhere. Now, they’ve decided to take matters into their own hands.

The retired public employees are taking the unusual step of hiring a forensic pension investigator to provide clarity on the fund’s investments, the high fees it is paying to big Wall Street firms and its lagging performance.

https://www.nbcnews.com/news/us-news/california-public-pension-fund-nations-largest-faces-probe-launched-co-rcna215534