Rise to the Moment of Truth Thursday, December 26, 2024

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RSA from RSA Facebook Alabama News
RSA provided a startup loan to its actuary in 2005, which Alabama economist calls a ‘major conflict of interest’

The Retirement Systems of Alabama (RSA) provided a startup loan to its current actuary in 2005. One economist is saying this is a conflict of interest that allows the public pension to appear more stable than it really is to lawmakers.