April 10, 2015
WESA 90.5, the NPR affiliate in Pittsburgh, PA., highlighted IMRF as a model pension system in a recent piece focused on Pennsylvania’s distressed municipal pensions. The article quotes IMRF Executive Director Louis W. Kosiba, who credits much of IMRF’s success to its independent, elected Board of Trustees.
The article also highlights the lower investment management fees IMRF secures by pooling it's $35 billion in assets for investment purposes.
The complete news story and podcast is available online. The portion of the segment that discusses IMRF is at 4 minutes, 25 seconds into the recording.
