Chicago Teachers Pension Fund Executive Director Carlton Lenoir made a spectacular speech entitled State of the Fund at the June 20 , 2024 Board meeting in which he outlined all the successes he’s had while heading the Fund for the past three years.Second City Teachers is a reader-supported publication.
Those are the questions we need to ask, and we need to investigate. Wall Street and its money managers are not to be trusted with our retirement money. We need to protect it!
It would be interesting to see what would turn up in an audit. What would be even more interesting to see is who is investing this money, what their rates of return are versus expenses and what is their connection to Chicago politicians and union leadership?
Those are the questions we need to ask, and we need to investigate. Wall Street and its money managers are not to be trusted with our retirement money. We need to protect it!
It would be interesting to see what would turn up in an audit. What would be even more interesting to see is who is investing this money, what their rates of return are versus expenses and what is their connection to Chicago politicians and union leadership?