The US Federation of Teachers, a work union that represents instructors, distributed a "watch record" for hedge resources just who could have an opposing position on their defined benefit plans (DB plans).
The report features a summary of hedge funds and hedge fund supervisors AFT believes tend to be assaulting retirement programs.
"it is about transparency- a right to know, " AFT President Randi Weingarten said concerning the report. "America’s workers and retirement trustees deserve to understand in the event that asset managers these are generally trading their particular hard earned retirement cost savings with may also be aligned with companies advocating for the eradication of those exact same retirement plans. Pupils initially, the Show-Me Institute therefore the New york Project are actively against defined benefit pension plans. With transparency and disclosure, trustees could make informed decisions in regards to the dangers their particular plans face."
He's perhaps not the only one they may be seeing.