Retirees' Yearly Lunch Revived but County Pension Fund's Value Shrinks

The Milwaukee Journal Sentinel › February 13, 2009

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Summary

The good news for Milwaukee County retirees: The free lunch is back for those attending next week's Employees Retirement System annual meeting at the Zoofari Center. And early birds may also partake as usual in a free breakfast.

The bad news: The pension fund has lost about a third of its value over the past year. And the meals aren't really so free. The estimated $5,000 cost comes out of the diminished but still large $1.14 billion fund.

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Extract

Retirees' Yearly Lunch Revived but County Pension Fund's Value Shrinks

Wednesday's lunch is back by popular demand after a one-year hiatus. The meal was dropped by the count...

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