Texas pension funds say benefits secure News for Dallas, Texas Dallas Morning News Texas Regional News:
AUSTIN – Managers of Texas' four big public pension funds say future benefits are secure and they have no plans to ask for financial help from state taxpayers in the wake of the collapse of several Wall Street firms.
Although many huge institutional investors routinely pumped money into the four financial concerns that tanked, leaders of pension funds for Texas teachers and other government employees said Thursday they placed only modest bets on AIG, Fannie Mae, Freddie Mac and Lehman Brothers."
