A Rescue Effort

The Ohio Police and Fire Pension Fund has turned to portable alpha to help shrink its growing defi cit.

Ohio Police & Fire Pension Plan executive director William Estabrook has a problem. His state guarantees that all current and future beneficiaries of its pension plans receive benefits for up to 30 years after they retire, which in the case of the police and firefighters can happen as early as their mid-40s.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related