you might want to check your numbers on the pension fund. The Treasurer just got smacked down, this week, for a proposal to shift investment policies to more "dicey" and risky investment options.
If you recall, the state hired a new investment manager, at a tune of $330,000, during Smiley's last year in office. He has not been able to "wheel and deal" due to the restrictions placed on how pension funds can be invested.
I don't believe the pension fund has benefited from the market changes as private sector investments have.
More information about formatting options