Ohio Police & Fire returns 9.2% for fiscal year
Bloomberg
Ohio Police & Fire Pension Fund, Columbus, returned a gross 9.2% for the year ended Dec. 31, which is also the end of its fiscal year.
The return fell short of the $17.2 billion pension fund s policy benchmark return of 9.8%, spokesman David Graham said in an email.
For three, five and 10 years ended Dec. 31, the pension fund returned an annualized gross 8.2%, 10% and 9.1%, respectively, above the respective benchmarks of 7.6%, 9.2% and 8.1%.
For the year ended Dec. 31, 2019, the pension fund returned a gross 17.9%.
By asset class, private markets was the top performer with a net return of 22.3% for the year ended (equal to its 22.3% benchmark), followed by domestic equities at a gross 22.2% (below its benchmark of 20.8%).
Coro Global Announces its CORO Mobile Payment App Granted a New U.S. Money Transmitter License in Virginia
MIAMI, Feb. 24, 2021 (GLOBE NEWSWIRE)
Coro Global Inc. (OTCQB: CGLO) (âCoroâ or the âCompanyâ), the fintech company behind the new payment app where gold can be used as money, announced today that it may now operate in 25 U.S. states and the District of Columbia. Coroâs subsidiary Coro Corp. this month was granted a Money Transmitter license in the state of Virginia, as Coro continues to spread accessibility to its gold payment app across the country.
CORO is a mobile payment app that allows customers to exchange, send and save gold and dollars easily and securely. The Company is now registering and onboarding residents of 25 U.S. states and the District of Columbia and intends to expand availability of its gold payment app across the country over the course of 2021, as well as international expansion into Mexico and Canada.
Imagine your favorite company getting sued for holding too much cash.
I know, that s a big statement. But hear me out.
Corporations, pension funds and insurance companies anyone responsible to stakeholders could one day face class action lawsuits if they don t diversify into other reserves assets. It s not beyond the realm of possibility, especially in today s litigious-happy world.
Michael Saylor famously bought bitcoin last year to diversify and protect the buying power of MicroStrategy s surplus cash…half a billion dollars worth. Elon Musk recently did the same for Tesla, plowing $1.5 billion into bitcoin. Before either of these was Overtstock.com. Remember them?
Ask Rusty – How Will My Wife’s Benefits Be Affected by My State Pension?
AMAC Certified Social Security Advisor Russell Gloor Association of Mature American Citizens
Dear Rusty: I am 73 and receive a pension from my state’s Police and Fire Pension Fund. I took a full pension, so my wife only gets a widow’s pension when I die, and this is only a fraction of what my full pension is. I also get a small Social Security benefit, about $95 a month, and that amount is pro-rated because of the amount of my state pension. My wife is 71 and receives a Social Security benefit of about $600 a month. When I die, can she get a portion of my Social Security benefit? And will it increase since she will not be getting my full state pension? Signed: Retired Public Servant
Ask Rusty - Social Security Matters 2-17-21 oakdaleleader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oakdaleleader.com Daily Mail and Mail on Sunday newspapers.