Fletcher Plan for Wisconsin - "Audit the State Pension Fund" Video
The Fletcher Plan for Wisconsin to keep the Badger State "Moving Forward".
7. Our State Employee Pension Fund currently has $87 billion in the fund. We are the 20th largest state, but the fund is the 9th largest in the country and the 24th largest public or private pension fund in the world. The fund includes $6 billion under the management of a board appointed by the governor at the cost of $30 million a year. This board (of five people) needs to be dissolved and the funds added back to the pension trust fund (State 2009/11 budget pg. 289). The state pension fund must be audited to insure solvency and to ensure it is not over funded. Taxpayer savings of $30 million per year at this time. The audit will increase these savings upon its completion.
