Michael Gormley - Profile and Journalist Details
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Michael Gormley
Verified
Albany Reporter, Newsday
Albany
Beats
water, science, india global health, environment, south sudan climate change, rivers,Investigations sudan, conflict, south asia. history
Content
By Michael Gormley Verified| Newsday Verified ALBANY — The state’s massive pension funds serving nearly 1.7 million public workers and retirees are expected to weather the turmoil in the stock market and the prospect of additional drops despite their substantial investment in stocks, according to state and national authorities. But taxpayers could take a hit in 12 months, with how much depending on the scale of the losses.
By Michael Gormley Verified| Newsday Verified ALBANY — The state’s massive pension funds serving nearly 1.7 million public workers and retirees are expected to weather the turmoil in the stock market and the prospect of additional drops despite their substantial investment in stocks, according to state and national authorities. But taxpayers could take a hit in 12 months, with how much depending on the scale of the losses.
Company Info
Newsday
Recent Updates Happening at Bits
Pilani, Rajasthan, India